GreeksLive Gang's Sentiment Summary GLG is predominantly bullish with consensus forming around continued upward momentum, though some notable bears remain vocal about potential retracements. Key levels being watched are 89k as strong support that was recently tested, while 96-97k acts as immediate resistance with expectations of testing 100k. Vol Trading Debate - Market Making vs Pure Vol • Main debate centers on whether straddle selling constitutes pure vol trading, with quant perspective arguing it's more path dependent due to delta hedging costs • Group consensus acknowledges straddle selling remains practical way to capture IV > RV premium, though not as pure as variance swaps • Technical traders maintain profitable vol strategies through ATM straddles with high vega exposure, focusing on elevated vol periods around 62 DVOL levels