Greeks.live: The sentiment in the cryptocurrency market is diverging, with options trading primarily focusing on contracts expiring on February 16
ChainCatcher news, Greeks.live macro researcher Adam posted on the X platform that market sentiment has diverged, with some traders expecting a breakout in the $96,000-$98,000 range, while others remain bearish and continue to sell call options. Prices are oscillating in the $95,000-$96,000 range, while the S&P 500 index hits a new all-time high. Options trading strategies:Traders are actively rolling out call option spreads and extending put option positions to collect premiums, mainly focusing on contracts expiring on February 16.Notably, despite being in a low volatility environment at 36, there is still significant trading activity selling call options in the $98,000-$99,000 strike price range, expiring on February 16.Strategies include balancing short-term premium collection with long-term positions expiring in March/April/June as protection.