Greeks.live Research Institute Adam: Before the monthly settlement, a giant whale bought 500 sets of bull market spreads expiring at the end of the month for $90,000/$95,000

Greeks.live Research Institute Adam posted on platform X, stating that there is just over a week until the monthly settlement, and this round of the small bull market has entered a quiet period, with a large amount of trading revolving around volatility expectations.

This morning, a whale actively bought 500 sets of bull call spreads expiring at the end of the month, with strike prices of $90,000 and $95,000. This is a relatively rare directional trade recently, and the whale may be anticipating a market movement at the end of this month.