Block market showed some directional views of the whales - puts
The market has been relatively quiet lately, and today the Block market showed some directional views of the whales - buying OTM puts, with major points centered at $59,000 and $55,000:
1) Buying May puts
2) Buying DEC puts while selling calls to form RR to reduce costs
The whale in recent days is also gradually build positions in such options, the short power is strong, the recent long to be extra careful!
1) Buying May puts
2) Buying DEC puts while selling calls to form RR to reduce costs
The whale in recent days is also gradually build positions in such options, the short power is strong, the recent long to be extra careful!