On March 31, Greeks.live analyst Adam released a report on Block Trading of Crypto Assets Options, stating that the largest Block Trading over the weekend involved 250 contracts of 78000Put expiring on April 1 and 250 contracts of 80000Put expiring on April 1. Strategy logic: betting that market weakness will continue to fall after the March Delivery, leading to an increase in such naked put options operations before the Delivery. This weekend, they directly increased the position by 500 contracts, spending nearly 300,000 USD in premiums. Adam suggests that the Whale is betting on puts without protection, which is a strong bearish signal and warrants constant attention to market downside risks. There was little Block Trading over the weekend, with other trades mainly focused on repositioning after monthly Delivery, where calendar spreads and vertical spreads were the most popular combinations. Overall, it is mainly negative Delta and positive Theta, with a gradual decline being the mainstream view of the market, and the bearish tendency for ETH is expected to be stronger.
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CoinGod__sSelf-cultiva
· 2025-03-31 09:59
The cryptocurrency options block trading daily report released by Greeks.live analyst Adam pointed out that whales bet on a continued market decline over the weekend, buying a large number of put options expiring in April. This naked selling operation has strengthened the bearish signal, warning of downside risks in the market. In addition, there were many repositioning trades after the monthly delivery, mainly focused on calendar spreads and vertical spreads. The overall trend is negative Delta and positive Theta, indicating a generally bearish sentiment in the market, especially for ETH.
Analyst: Last weekend, there was a Whale betting on a fall without protection, reflecting a strong bearish signal.
On March 31, Greeks.live analyst Adam released a report on Block Trading of Crypto Assets Options, stating that the largest Block Trading over the weekend involved 250 contracts of 78000Put expiring on April 1 and 250 contracts of 80000Put expiring on April 1. Strategy logic: betting that market weakness will continue to fall after the March Delivery, leading to an increase in such naked put options operations before the Delivery. This weekend, they directly increased the position by 500 contracts, spending nearly 300,000 USD in premiums. Adam suggests that the Whale is betting on puts without protection, which is a strong bearish signal and warrants constant attention to market downside risks. There was little Block Trading over the weekend, with other trades mainly focused on repositioning after monthly Delivery, where calendar spreads and vertical spreads were the most popular combinations. Overall, it is mainly negative Delta and positive Theta, with a gradual decline being the mainstream view of the market, and the bearish tendency for ETH is expected to be stronger.