What Is a Bull Call Spread?
A bull call spread is an options strategy used when a trader is betting that a stock will have a limited increase in its price. investopedia.com/terms/b/bullca…
What Is a Short Straddle?
A short straddle profits from an underlying lack of volatility in the asset's price.
They are generally used by advanced traders to bide time. investopedia.com/terms/s/shorts…
What Is a Short Strangle?
A short strangle profits when the price of the underlying stock trades in a narrow range between the breakeven points. The ideal forecast, therefore, is “neutral or sideways.” In the language of options, this is known as “low volatility.”
@GeorgeWegwitz#BTC to derivative exchanges rising too. Volatility folks... we can make big move up and big move down afterwards or the opposite. We will see.
FTX shifted its upper wall to 45k and we still have a mid volume wall at 43.7k.
@GeorgeWegwitz Another huge option trade. Volume almost $1.5 billions! Everything just calls. 34k and 42k 🧐 Looks like insider trading happening here. Some FOMO news coming?
We all remember the big announcement DOJ did just few days ago. We all were expecting a huge result, also because CZ has teasered a big FUD against Binance will happen soon
before. Something that could bring the crypto space in trouble. Instead they announced the arrest of someone nobody in the space knew before, Anatoly Legkodymov. The owner of Hydra Marketplace. Of what? Yes, right. Almost nobody knew him or his company before last tuesday night
before they arrested him in Miami.
The DOJ said about Hydra following:
“Bitzlato’s largest counterparty in cryptocurrency transactions was Hydra Market (Hydra), an anonymous, illicit online marketplace for narcotics, stolen financial information,
Binance already sent an announcement Exclusive: SWIFT payments network to cut access to crypto exchanges | Asia Markets asiamarkets.com/swift-network-…
What is driving the current rally? Spot or Derivatives?. Well, let us check. Derivative went up like hell while the price pushed up. As mentioned many times, you can't drive the spot price with futures.
It seems DOJ has a defined its next target. Even I don't agree with their approach. Because we know it's not Binance only. We remember the money laudering accusations related to FTX. What happened? Nichts, Nada. Nothing. 🤡 reuters.com/markets/us/us-…
Instead is the current CEO of FTX even thinking to revive FTX again. Coincidence? Anyway, it doesn't explain why the current buy pressure is coming from Binance. Or is someone there unloading with USDT? Because BTC/USDT showing big unloads related to spot CVD on Binance while
the opposite happening related to BUSD. While at the same time since 2 weeks we are seeing strange transactions related to $USDC. At the beginning was between Coinbase and Circle. But since last week also Binance is involved. Last night following happened. The same amunt went to
Instead what is happening?
"Oil firm executives, for their part, say the U.S. Administration’s policies and anti-oil rhetoric,
inflation, contractor time delays, and regulatory uncertainty are negatively impacting drilling and production planning."
Everything looks like, the oil production in US will decline more. While at the same time the U.S. Crude Oil Inventories has declined the first time in 3 yrs