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Adam@Greeks.live|Feb 05, 2025 09:31
http://Greeks.Live Daily English Community Briefing
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Date: February 5th, 2025
Overall market sentiment
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After the catalyst failed to stimulate market momentum recently, the group is cautiously bearish on the volatile market within the range of 95000-102000 US dollars. Traders are closely monitoring the key support level of $96200, while there is significant selling pressure forming resistance at $102600.
Options trading strategy in interval oscillating markets
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Traders prefer to use iron eagle strategies and tail protected overlock strategies to profit from declining volatility and range volatility
• Mainly focus on the dynamic extension strategy of put options, especially increasing forward protection when prices rise
Some traders are considering placing call option spreads expiring in April at exercise levels of $120000 to $140000, with the expectation that if spot prices remain strong, they may receive returns exceeding 100%
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