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Greeks.live|Feb 11, 2025 14:16
[AI GENERATED] GreeksLive Gang's Sentiment Summary Feb 11
Overall Market Sentiment
The group is bearish-leaning with traders expecting a move down to 90K-101K range, though some are attempting longs at current levels. Key resistance levels being watched are 99K-100K with heavy option flow activity concentrated in this range.
Options Flow & Positioning
• Major options activity from one entity who is short puts in 100K-103K range and holding 80K puts for protection
• Traders note extremely low volatility regime settling in, similar to August 2023 levels
• Group consensus that upcoming CPI data and Powell speech could trigger volatility, with bearish expectations
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