http://Greeks.Live Community Daily Digest Published: 2025-08-01 Overall Market Sentiment The group shows mixed sentiment with bearish undertones, though some maintain bullish conviction on the overall trend. Key levels being watched include 115 as resistance, 113 and 110 as put strike levels, with extreme downside targets at 97 mentioned. Volatility Trading Under Pressure - Options Strategies Tested • Short put positions are under significant stress with traders rolling 113 puts to 110 strikes as 115 resistance gets breached • ETH volatility trading at extreme 80% ATM creating massive vol spread versus BTC's 35% weekend vol, presenting potential arbitrage opportunities • Options expiry dynamics showing 120 calls needing 7k pump to stay alive, while butterfly spreads and iron flies getting crushed outside their ranges(Greeks.live)