Greeks_live

Dec options account for half of the total positions.

Long
BITSTAMP:BTCUSD   Bitcoin
Going into the delivery month, Dec options account for half of the total positions. According to the experience of previous years, two weeks before the big annual delivery, market makers will start to make annual shifts.
With the current high IV for options after January next year and the high probability that annual delivery will pull down IV, now is a good time to short volatility, especially with the current bull market + ETFs in the background, selling puts is more cost-effective.

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