Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Research: Options market is seeing clear profit taking

Research: Options market is seeing clear profit taking

CointimeCointime2024/11/07 15:56
By:Cointime

 Adam, a macro researcher at Greek.live, analyzed in a post on X platform that the election market has quickly cooled down. Although Bitcoin and Ethereum have strong momentum and the cryptocurrency market sentiment is optimistic, the options market is clearly profit-taking and ending the election game. BTC end-of-day options have fallen below 50%, and the IV of major maturities has also decreased significantly, with ETH falling less than BTC. Today, BTC's bulk transaction volume was 1.2 billion, and ETH's bulk transaction volume was 600 million, both mainly selling options. This is also the main driving force for the large drop in IV today, and the bulk transactions in recent days are worth paying attention to.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!