April 10 Crypto Option Volatility Research Report
Implicit volatility returns to calm, will it fall sharply if it fails to rise?
I. Core Views
1-A round of decline after the rise, currently from the perspective of spot ETFs, funding rates, option implied volatility, etc. - the decline will not be too deep
2-Sol's implied volatility continues to decline, and the short volatility strategy is no longer applicable. A new option strategy will be rolled later (planet prompt)
3-After the outbreak and decline of this round of event-driven implied volatility, a new round is brewing. Moderately deploy a long volatility strategy at the end of this month, and the profit and loss ratio is likely to be good.
2. BTC \ ETH \ Sol option block trading
BTC block players mainly take long-term positions, buying 600 and 400 positions respectively:
buy BTC-27DEC24-100000-C
buy BTC-28MAR25-200000-C
ETH block players mainly deploy some diagonal strategies, recent covered call strategies and medium-term buy-call strategies:
sell ETH-28JUN24-5500-C + buy ETH-31MAY24-4200-C
sell ETH-19APR24-3700-C
buy ETH-28JUN24-4500-C
Sol had a block yesterday that is particularly worth noting (prompt in the planet)
3. Copycat options
Without updating the strategy, Sol needs to change the strategy. The volatility does not support continuing to short, which is not worthwhile.
4. Other markets
The US stock market has already laid out a long-term target at the end of the year.
A-shares are currently likely to be a pessimistic expectation repairer. During the new round of narrative and confidence search, a high probability event is that the decline will not be deep; whether it is a big bull, I have written before, don’t expect too much.
In terms of attention, A-shares should still focus on immortal targets, and 300 is my personal favorite. In the end, it was slightly dragged down by consumer stocks, but if the macro changes, it will be the most stable index.
Finally, if you want to learn more about options players, please join "Sober Chat Options Planet"
