
Adam@Greeks.live|Mar 22, 2025 12:16
http://Greeks.Live Daily English Community Briefing
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Release date: 2025-03-22
Overall market sentiment
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Group members are cautiously bullish, and traders expect the market to continue to rise based on Saylor's buy and option pricing. However, some are preparing for potential short positions. Traders closely monitor the 84K level while discussing whether protective positions should be taken in the current low implied volatility environment.
Options market - low volatility creates opportunities
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The implied volatility of options trading on Monday was extremely low, only 26%, making put protection strategies exceptionally cheap, 83k put option for only $230
Some traders see this as an opportunity to buy put options and engage in delta hedging, gaining both upward and downward protection through partial coverage (30%)
Market makers are in a peak bearish gamma position, and the market seems to be "pricing Saylor's buying behavior" and "willing to go unprotected"
Several traders have noticed potential strategies surrounding Monday's price action, and adopting a multi gamma strategy may result in profits in either direction
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