
Deribit|Jul 09, 2025 12:19
🌴 July 9th: What are our Summer Chasers trading
- Top Strategy: BEAR DIAGONAL SPREAD
- Most Wanted Option: BTC-18JUL25-113000-C
- Volatility Commentary: Prices surged again in the afternoon, with ETH skew finally turning positive. Meanwhile, BTC volatility fell to a new low. Option buyers are holding onto positions despite mounting theta decay—reluctant to exit, yet uneasy to remain. Once again, the market finds itself in a state of stalemate.
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