$BTC has dumped the last three months on options expiration day (and a couple days before) as all the WEN LAMBO? leverage traders get rekt. If you believe in BTC long-term, then this isn't sh*t.
Don't be one of those FUDdie-duddies who say BTC is going to $10K. That's just dumb, because the whole world will trip over themselves to buy in way before then.
Buy...
~ $ 130 Billion in Options which have a significant number of Leap Calls
deep in the money are set to expire on Friday.
TSLA APPL MSFT FB all share an outsized Leap Call Position.
We will see Volatility Roll/Settle Tuesday - Wednesday.
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This will be the most dangerous and Volatile week of the...
Institutions pumped $AMC last Thursday to create retail fomo and call buying. Now the stock is being faded as we get closer to options expiry this Friday. This type of action happens all the time as amateur traders don't understand the in's and out's of how the market functions.
