
Greeks.live|Jun 10, 2025 11:35
http://Greeks.Live Community Daily Digest
Published: 2025-06-10
Overall Market Sentiment
The group shows a divided sentiment with traders acknowledging the bullish trend while expressing frustration over unpredictable market moves driven by large institutional buyers around 105-110k levels. Most traders are cautiously positioning with puts despite the upward momentum, citing concerns about volatility pricing and market manipulation.
BTC Options Strategy - Contrarian Put Positioning
• Active accumulation of EOM puts around low 100s strikes despite bullish price action, with traders viewing current 40% volatility as significantly underpriced
• Strategic put buying at 103P and additional EOM puts as price rallied from 105k to 110k, betting on volatility repricing rather than directional moves
• Frustration with MSTR buying patterns disrupting technical analysis, leading to "**me against BTC**" positioning while acknowledging 120k potential but maintaining zero conviction on direction
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