http://Greeks.live The daily trading report, Giant Whale, has once again begun to lay out a moderate decline, but is not worried about a major drop. It is expected that the market will be in a volatile market. Today's biggest event Trading analysis: Sell call calendar spread (BTC option) Order structure: Expected to decrease in the near month IV compared to the far month, with a neutral direction. Time lapse profit: Recent month options experience faster time decay, and the price difference may converge. This transaction involves selling far month call options and buying near month call options, taking advantage of time decay and volatility differences to profit. It is suitable for a neutral and volatile market environment, but requires close monitoring of changes in the underlying price and volatility. More bulk trades On the 25th, there was only one large bulk transaction throughout the day, and on the morning of the 26th, there were two large bulk transactions 1. Cross period spread: Sell near month call options+buy far month call options (non-standard calendar spread) 400 sets of cross period spreads with a nominal face value of 104 million US dollars, betting on an increase in Far Month IV or a decrease in Near Month IV, or BTC fluctuating between 95000-100000. 2. Buy put ratio spread: buy 1 high strike put option+sell 2 low strike put options 300 buy put ratio spreads, with a nominal face value of $78 million, betting on BTC rapidly falling to the range of 80000-85000 and profiting from high Gamma.