May 20 Crypto Market Volatility Research Report
BTC's implied volatility enters "sage mode", bullish or bearish?
Deribit (Top 1 Options Exchange in Yazhan): There is currently a Matic options trading competition, which only takes 3 seconds to airdrop option positions. Why not come?
Today is 520 + Xiaoman
Blessings to my friends in the square: Hope for a good harvest in the Xiaoman season, with wheat ears full of golden waves.
1. Core viewpoints:
① Net inflow of spot ETFs, macroeconomic conditions such as US stocks and A-shares are good, and the probability of rising is relatively high
② ETH has made 2 Call spread strategies on Yazhan for this Friday and the end of the month, and the remote short vega is 0 cost
③ BTC continues the diagonal spread strategy, the buy call gamma income at the end of the month is good, 50% has been pocketed, and the remote short call has a slight floating loss
④ Several high-quality copycat option targets have begun to use smart covered call strategies, and the overall strategy trend factor has started
2. Option block trading
BTC weekend doomsday round long volatility strategy, the probability of closing is not low (all more than 200 positions)
buy BTC-20MAY24-65000-P
buy BTC-20MAY24-68000-C
277
ETH has a large purchase of 3,500 call option positions (suspected of ETF event strategy)
buy ETH-7JUN24-3600-C
Sol has a large amount of 1360 positions at the end of the month (see the planet for details)
III. Macro capital market
Recently, for the global capital market, the most concerned this week is the inflation data of the United States in April. After exceeding expectations for three consecutive months, the inflation of the United States in April finally cooled down.
The US CPI in April increased by 3.4% year-on-year, which was in line with expectations, a slight decrease from the previous value of 3.5%, and a month-on-month increase of 0.3%, which was 0.4% lower than the expectations and the previous value; the core CPI of the United States in March increased by 3.6% year-on-year, which was in line with expectations of 3.6%, lower than the previous value of 3.8%, and a month-on-month increase of 0.3%, which was in line with expectations of 0.3%, and lower than the previous value of 0.4%.
Before the data was released, major investment banks predicted that the inflation data of the United States in April would be lower than expected. In fact, they did not need to predict it. It can be estimated by looking at the gasoline prices in the United States in April.
A shares are mainly real estate ZC exceeding expectations. Our planet also shared the four core data indicators for profit-taking of derivatives under the surge.
