Home Creators Posts Import Register Favorites Logout
haven't archived this post yet. have a subscription? use the importer!

Content

Big options expiry tomorrow.

Someone has a big bet on a $110K BTC price in next 24 hrs. They have have to cover or rolll up or out.

Max pain is $115K.

Files

Previews only

Comments

Chewie

We are going up forever, Laura

Alaka

You guys can tell me where to find this chart? It is very interesting to keep an eye on it 🧐

Hobbit

Have to admit, I made a small amount of pocket change shorting BTC recently. Realized it's a very difficult thing to make money going against the trend! I did it, but got in/out quickly and it felt very precarious. Was much easier to long it (past 5 days) and got out with twice as much, knowing I could just wait if needed (and downside is relatively limited in this macro environment).

Marcus Aurelius

I was able to pick up that CRCL spread trade for a nice credit this morning on lower prices CRCL@150 Thank you James

Doodle Dandy

Is that big bet at $110 k, is that a long or short bet? TY

Jen

Any updates on tabi heat map?

jwbrit

But it's already at $116k so options position is a winner above $110. Is that right, or am I missing something?

SovereignSats

They are selling short, so have a put option and lose their position unless they cover. On the chart, green is a long or call, red is short or put.

Pascal Costa

Why would they have to cover or roll? Doesn't OI mean they have an open order there, not an active position? What am I missing?