Real time option review teaching 1. Delta Hedge: https://(x.com)/maid_crypto/status/1923192313628721281 2. Bull bullish combination: https://(x.com)/maid_crypto/status/1925087927715168388 3. How to deal with the biggest pain point of options, one of the previous delivery strategies: In the second week of May, the periodic rights settlement. A nominal value of 2.76 billion US dollars and 27000 BTC have expired. The biggest pain point is a trading opportunity worth $100000. Not all major pain point prices will actually affect spot prices. However, with 27000 BTC expiring, I think this time it will affect the spot price Let me briefly explain the meaning of this biggest pain point. If you are a novice, you can understand it as follows: if the option delivery is at 4 pm that afternoon, BTC can drop to $100000. It is the price at which option makers make the most profits and option gamblers lose the most. This is the first layer. However, the BTC price on that day was very high, and despite several attempts to go down, they couldn't accumulate enough potential to directly drop to 100000 units. So I made a hypothesis. The option put held by the banker has been offset by the contract. Either the main force has multiple orders and has opened call options to sell for arbitrage. Either the main option put orders are hedged and multiple contracts are opened for hedging. In short, I believe that after 4 pm, after the option delivery, in order to balance the contract. The main force will close 27000 BTC contracts corresponding to multiple orders. Closing multiple positions in such a large contract will cause a short-term drop in BTC prices, creating a golden pit. The fact is indeed as we expected. At exactly 4 o'clock in the afternoon, the currency price fell. The rebound will begin after 30 minutes. Took a middle line gold market trend that lasted for several hours.