http://Greeks.Live Daily Briefing of Chinese Community ===== Release date: 2025-04-02 Overall market sentiment ===== The market sentiment is generally bullish, and after ETH breaks through the $1900 mark, most traders expect to continue attacking $2000. The tariff policy will be announced at 3am Beijing time on April 3rd and is an important short-term catalyst for market attention. hot topic ===== Discussion on the delivery mechanism of currency based options: The characteristics of cash differential delivery need to be considered when settling equity When setting option combinations with different option prices, a skewed risk curve may occur due to differences in nominal value In the deep ITM (real value) region, although the option Delta is close to 1, currency based settlement will cause changes in the number of deliveries You can choose to hedge the premium difference through perpetual contracts or use the same type of options (all call or all put) to avoid bias