Inspocrypto
Bitcoin Market Update [22MAR22] PART 4
Option Trading Analysis Data Analysis: As predicted yesterday, in case we would pump, like we did, the GEX would lift up even more feeding the bear. Everytime when the GEX hits the top, the price dumped afterwards. Now we reached even a level above of the 3 months top. Since yesterday they traded almost 2 strategies. Iron condor and Bull Put Spread. Bull Put Spread Explanation attached Iron Condor Explanation attached Both are neither bullish nor bearish. Both try to make gain with premium with moderate or even neutral price action. Interesting here, the Iron Condor is linked to one trade! Inspos Conclusion: Based on option trading they expect a moderate positive price action or even just a sideway run. Based on GEX I would say, both are wrong.