http://Greeks.Live Daily English Community Briefing ===== Date: February 10, 2025 Overall market sentiment ===== Despite the impact of Trump's tariff news, the community still generally holds a bullish attitude, and traders actively buy on dips by buying call option spreads and ratio options. The key support level to focus on is between 92000-95000 US dollars, with the next major target at 102000 US dollars. Some traders expect the price to first touch 97000 US dollars. Option trading strategy ===== The trader increased the naked purchase position around $97000 and set a call option spread at the exercise price of $9.7/1.0/10.1 million, as a wider spread was too expensive The popular strategy is to use 1:2 ratio options with short strike prices ranging from $101000 to $102000 to reduce the cost base Many traders keep their existing positions unchanged but add new call option spreads during a pullback. Considering the current market environment, they tend to choose a narrower exercise spread (* * $9.6/$100000 * *) rather than a wider spread