April 9 Crypto Option Volatility Research Report
The hidden wave of a major event has erupted. When everyone is chasing the wave, we will moderately take profits
Reminder:
As shown in the picture, the options private training class will start this Saturday. For those who want to sign up at the end, just remind them once.
1. Core viewpoints:
1-When the sector finally rotates, if there are players who are not optimistic about ETH, it is the time for it to explode. You can think about it carefully;
My view is consistent and unchanged. I will admit my mistakes if I am wrong. I come to make money, so be honest with yourself;
2-The bullish implied volatility surged to around 100 vol yesterday. I did not pocket the profits. Some patterns are my choice;
3-Further increase the volatility trading position of#Tontarget
2. Block trades
The most secretive thing yesterday was that the block trade did not place orders through the block trade, but directly took short put options of nearly 10,000 ETH
Another block trade made a diagonal spread strategy of 3,000 positions, sell ETH-28JUN24-5500-C + buy ETH-31MAY24-4200-C
There were 2 noteworthy BTC blocks yesterday, with positions of 600 and 400 respectively
buy BTC-27DEC24-100000-C
buy BTC-31MAY24-66000-P
Sol Yesterday, there were more than 1,000 short call option positions in a single transaction
III. Copycat options
The strategy of explosive targets focuses on profit-taking, such as #Ton, and two profit-taking ideas were also suggested yesterday
Unexploded targets are the time to actively deploy
IV. Other market macro
Yesterday, a relatively important news on the market was that the downward trend of Moutai affected the 300 index. The loosening of the price of consumer hard currency aggravated the market's expectations of deflation for ordinary people. Obviously, activating consumption requires more real ZC.
The RMB exchange rate against the US dollar did not continue to fall at the 7.25 line. This is as I wrote in May last year, "Thinking on the current major asset allocation", observing its bottom line indicators. In terms of commodity futures, except for the black series which is still hovering at a low level due to real estate expectations, the trends of other mainstream industrial products have shown a clear turnaround. Especially today, driven by gold and silver, industrial commodities have basically risen across the board, which is also a sign that equity traders should pay attention to whether macro confidence is beginning to recover continuously.
If industrial products continue to pick up and stock market pricing continues to be cautious, then we should pay attention.