http://Greeks.Live Daily Briefing of Chinese Community ===== Release date: 2025-02-14 Overall market sentiment ===== The market sentiment is cautious but slightly bullish, focusing on the significant fluctuations of BNB and the 100000 BTC mark. The main divergence within the group regarding the current market is in the short-term direction, but they remain optimistic about the mid to long term trend. Discussion on Option Strategy ===== At present, the IV is relatively low, and it is recommended to hedge risks through butterfly strategy. Same term operations are better than cross term operations In the double selling strategy, it is recommended to set the DDH threshold to 2% x coin price x account gamma value • Can be a BNB seller outside of Gezhi, combined with new listings to increase profits Remind that the Vega of forward options is relatively large, and attention should be paid to the hedging risk caused by insufficient gamma