Greeks_live

The giant whale choosing to long the end of the year in the bull

Long
BITSTAMP:BTCUSD   Bitcoin
BTC and ETH saw a significant rally today.
BTC options was absolutely dominant, accounting for 50% of all options volume. The percentage of block
trades actively buying DEC29 calls was also 50%.
With the current Dec29 expiration option IV significantly below average, and the giant whale choosing to long the end of the year in the bull market.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.