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Greeks.Live: Options Market Shows Optimistic Market Sentiment, Bull Market Likely to Continue
Summary: According to Greeks.Live analyst Adam, despite BTC hitting a new all-time high and ETH approaching one, the market experienced a slight unexpected pullback due to PPI exceeding expectations. The options market did not show much movement, with IV for major expirations remaining stable and Skew fluctuations being minimal. However, the trading volume indicates market enthusiasm, ...
According to Greeks.Live analyst Adam, despite BTC hitting a new all-time high and ETH approaching one, the market experienced a slight unexpected pullback due to PPI exceeding expectations. The options market did not show much movement, with IV for major expirations remaining stable and Skew fluctuations being minimal.
However, the trading volume indicates market enthusiasm, with Deribit seeing $10.9 billion in options traded today, setting a new single-day record. The high trading activity suggests continued confidence in the market's future, with a high probability of the bull market continuing.
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Link: Greeks.Live: Options Market Shows Optimistic Market Sentiment, Bull Market Likely to Continue [Copy]