Greeks.Live researcher: The market has a strong bullish atmosphere and has entered the FOMO stage
A researcher at Greeks.Live, stated on social media that over the weekend, the options market had orders exceeding $5 million, almost all of which were buying call options. Some of them were combined with selling out-of-the-money options to reduce costs and create a bullish spread. Returning to Monday, BTC once again hit a new high for the year, with a large amount of short-term bullish spreads trading. Currently, the ultra-short-term IV has approached 80% across the board, and the market sentiment for long positions is strong, already entering the FOMO stage.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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