Greeks.live: Surge in large trades of Bitcoin put options, February market outlook is not optimistic

Greeks.live analyst Adam posted that there has been a large amount of bearish options block trading in the Bitcoin market, with a nominal value of $600 million traded in a single day, accounting for 25% of the total trading volume. Among them, two bearish calendar options trades that night alone reached $110 million.

Currently, the short-term Skew is close to zero, while the medium to long-term Skew and IV have significantly retreated. Additionally, a large number of altcoins are set to be unlocked in the first quarter, leading to tighter market liquidity, making the February market outlook not optimistic.