Greeks.live: Market sentiment is currently still fragile
2024/01/24 04:39
By:Greeks.live
Market sentiment has moderated, with all major term IVs retreating, with short-term IVs now clustered around 47%, but VRP and Skew have maintained yesterday's average levels. Market sentiment is currently still fragile, with a strong wait-and-see mood and fewer hot spots for a strong money-making effect. The largest block trade of the day was a $40 million proportional spread —— selling February ATM calls and buying March OTM calls for protection. From the block trade, institutions and large investors are generally not optimistic about the subsequent rise, but has not yet made a big short, shock down may be the next major market.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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