
Greeks.live|Mar 17, 2025 11:41
http://Greeks.Live Community Daily Digest
Published: 2025-03-17
Overall Market Sentiment
The group is predominantly bullish with expectations of choppy upside movement heading into the FOMC on Wednesday.
Market Chop Before FOMC - Expecting Upside
• Traders expecting "chop to the upside" this week with one trader buying mid-week 20D calls in anticipation
• A trader bought calls for next week and started buying back spot positions, indicating confidence in upward momentum
• Someone made 120% profit on calls during a move to 85k, choosing to take profit rather than hold longer
• Group expects low volatility until the FOMC meeting on Wednesday at 8PM CET
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