Greeks.live: Bitcoin options traders are optimistic about levels above $100,000, actively positioning for call spread strategies for April to June

ChainCatcher news, Greeks.live analyst Adam released the English community daily briefing, stating that Bitcoin options market traders maintain a cautiously optimistic attitude, with major support levels at $95,000 to $96,000 and resistance at $100,000. Most traders are positioning for call spread strategies expiring in June.

Market participants are generally selling put options below the $90,000 level while constructing a call spread with strikes of $106,000 and $120,000 expiring in April. Due to the current overestimation of put option skew, some traders are choosing to sell put options and hedge risks through perpetual contracts.