GuShiio.com GuShiio.com learned that according to GreekLive, the current market sentiment is biased towards cautious bulls, but there are major differences on short-term trends. Traders are focusing on the range of US$94,000 – 98,000, with US$98,000 being the main resistance level. During the option strategy discussion, the market generally believed that the volatility of short-term options could expand significantly from the 17% level, but the direction was controversial. Traders discussed the long gamma strategy and the call spread strategy for forward options in a low-volatility environment. Some people focused on the exercise price of US$10.5/125,000, but others worried that the premium was too high.
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