http://Greeks.Live Community Daily Digest #daily ===== Published: 2025-10-03 Overall Market Sentiment ===== The group shows mixed sentiment with bearish options traders getting squeezed by a significant upward move that exceeded market expectations. Key levels being watched include 115k as potential support and 127k-180k as optimistic targets, though traders are divided on whether this rally has legs or will reverse soon. Volatility Trading Disaster - Options Sellers Getting Crushed ===== • Multiple traders suffered losses from short call positions on ETH and altcoins during an unexpected 3 standard deviation move despite market pricing only 40% volatility • Options sellers are pivoting to buying puts and selling calls after losses • Market structure shows long/short ratio dropping from 2 to below 1 in just one week while open interest remains at tops, potentially setting up for a short squeeze scenario(Greeks.live)