2025-12-20 04:23:37

I haven't updated the daily options market strategies much in the past couple of days.. Mainly because there hasn't been any clear directional trend in the options market. Most strategies are delta-neutral (not betting on direction) and focus on volatility..

Let's look at the bets over the past 24 hours.. This covers the period from yesterday's Japanese yen rate hike landing, #BTC rising from 85k to 87k, to the latest market movements.. Actually, it's quite similar..

Key points:
1. The bearish BEAR PUT SPREAD is closing out (OI decreasing). After the yen rate hike, the market is no longer panicking and bearish..

2. SHORT STRANGLE, Sell 80000-P / Sell 98000-C 30JAN26
Volatility is low, betting on sideways movement, collecting premiums peacefully..

So in the past 24 hours, the options market believes that the worst ( rate hike ) has passed, and the bears have slightly exited. However, the bulls lack momentum for now (no strategies betting on bullish moves), and the market remains in a consolidation phase.

BTC1,17%

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