Greeks.live: $15 billion options about to expire, BTC call options still dominant
TechFlow News, Greek.live macro researcher Adam tweeted that tomorrow is the quarterly large delivery date, with $15 billion in options awaiting delivery. Market participants are intensifying their repositioning efforts, and BTC call options remain the absolute main force in repositioning.
In today's bulk transactions, a 6-8 basis point slippage is common, with slippages of over ten basis points not uncommon. It is a rare good time for participants who value precise pricing.
Due to the recent high volatility in the market, there has been no significant decrease in IV for major terms. This has led to a continuous increase in the cost-effectiveness of selling options currently available trading opportunities for selling options even in June and September.
Adam still believes that there will be a significant decrease in IV this weekend, allowing sellers to quickly realize profits.
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.
You may also like
ADA, ETH, XRP Climb as Bitcoin Zooms Above $93K, But Traders Warn of ‘Fakeout Rally’

Last Cycle’s Signal King Murad: 116 Reasons Why the 2026 Bull Market Will Come
I do not agree with the view that the market cycle is only four years; I believe this cycle may extend to four and a half or even five years, and could last until 2026.

Ethereum completes Fusaka upgrade, team claims it can unlock up to 8x data throughput
Major upgrades, which used to take place once a year, are now happening every six months, demonstrating that the foundation still maintains strong execution capabilities despite recent personnel changes.

Glassnode: Is Bitcoin Showing Signs of a 2022 Crash Again? Beware of a Key Range
The current bitcoin market structure is highly similar to Q1 2022, with over 25% of on-chain supply in a loss, ETF capital flows and spot momentum weakening, and the price relying on key cost basis areas.
