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Analyst: Options market data shows that institutions have strong expectations for volatility ahead of Christmas

2024-12-11 19:17:15

ChainCatcher message, Greeks.live analyst Adam posted on social media that after several days of adjustment, the market has once again reached a position of strong divergence. Currently, BTC is fluctuating below $100,000, ETH is fluctuating around $3,700, and most altcoins have seen a decline of over 20%.

Currently, BTC options account for 80% of the positions and trading volume in the options market, making them highly indicative. Today, large bullish options transactions accounted for nearly 30%, mainly focusing on buying short-term strike prices of $100,000 and above, while actively buying protective puts for the end of the year also accounted for 10% of the trading volume.

Currently, the short-term IV exceeds 60%, which is considered high. Institutions have strong expectations for volatility before Christmas, making it relatively cost-effective to buy some year-end expiration options.

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