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Wintermute OTC Head: Options Market Continues to Bet on Market Upswing, Q1 May See Relief Rally
Summary: In breaking news, Wintermute OTC trading head Jake Ostrovskis posted options market trading data, stating: "Bets on the upside momentum are still ongoing, with an additional $13 million invested in $100,000 call options expiring on February 27 and $98,000 call options expiring on January 30. As the new year unfolds, the market is establishing new ...
In breaking news, Wintermute OTC trading head Jake Ostrovskis posted options market trading data, stating: "Bets on the upside momentum are still ongoing, with an additional $13 million invested in $100,000 call options expiring on February 27 and $98,000 call options expiring on January 30. As the new year unfolds, the market is establishing new positions, indicating a potential relief rally in the first quarter."
Note: A relief rally typically refers to a temporary, sentiment-driven uptrend that occurs after sustained negative pressure, panic, or decline in the market.
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Link: Wintermute OTC Head: Options Market Continues to Bet on Market Upswing, Q1 May See Relief Rally [Copy]