May 14 Crypto Options Market Research Report

The rise did not lead to an upward wave, and continued to go sideways. Is a big one coming?

1. Core Views

1- Yesterday, BTC and ETH spot prices rose, but volatility went sideways, not positive, and sentiment remained low

2- The listed altcoins Sol and Ton continued to reduce volatility, and short volatility players have made money for almost 2 months

3- As the MEME market continues, DOge spot prices continue to rise, but Call long volatility is likely to lose money

Summary: Short-term capital inflows and other unfavorable factors, RV and IV have been low for a long time, and a big change is imminent. You can use the buy straddle strategy long gamma on Tuesday this week

2. Block Trades

BTC is mainly short-term naked buy bullish

buy BTC-17MAY24-65000-C

buy BTC-31MAY24-65000-C

ETH's block layout bear market spread strategy

sell ETH-31MAY24-2500-P + buy ETH-31MAY24-2700-P

buy ETH-27SEP24-3100-C + sell ETH-27SEP24-3700-C

Sol continues to buy bullish end-of-day options (see planet)