Analyst: Sudden Increase in Bullish BTC Options Trading Suggests Potential Sell-off by Large Holders
According to ChainCatcher, Greeks.live macro analyst Adam stated on X that the rebound seems somewhat weak. There has been a sudden increase in large-scale call option trades, and combined with declining implied volatility, large investors have started selling call options. A substantial amount of this month's call options has been offloaded, and the margin released from the June quarterly settlement is quickly being converted into short positions amidst the rebound.
He suggested that it may be worth considering following this trend by selling some 0.3 Delta call options, such as the 66,000 USD call options expiring next week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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