Thalex
@ThalexGlobal
Trade futures, options & combos https://www.thalex.com/exchange Services may not be available to all clients in all jurisdictions TG http://t.me/ThalexGlobal
A very large $BTC DEC25 Call Spread hit the deribit tape last Friday (>$23M premium). What was the trade? They bought the 140K strike, and sold the 200K strike. Like with any call spread, the idea is to save premium by capping upside, while making use of the volatility smile…
Early draft of gridbots: • Draggable range & orders • Orders adapt relative to price • Option to put stops at the edges We're not that far from shipping. Just needs better UI & testing. Gridbots will have two special use cases: (1) Gamma scalp long vol positions (e.g.…
Spot-vol correlation is dead on higher time frames. It remains interesting to look at on lower time frames. BTC-01AUG25-120000-C on the 15m resolution. Notice IV adapting to several 120K rejections?
ETH vol coming alive a little on this move. That said, this is low spot-vol correlation. We did 2.4 to 3.7K and vol basically ranged.
Looking at a chart like this, it's tempting to jump to a narrative: "Put vols spike as traders believe..." Think simply first. Price went up above 120K: • OTM calls went closer to ATM • OTM puts went further OTM Recall that IV exhibits a volatility smile. IV is lowest at…
Junior options trader question. Focus on $BTC going over 120K: • Call marks were flat • Put marks popped Can you explain why?
We've got the camel's back and want to give the PEPOLS what they want. Gambol responsibly 🙏
since some of u like to gambol on lever instead of onchain we thot it wuld b gud to get u hooked up to it fyi if u have a bitfinex acount u can use same credentials to login jsut mek sure u use code PEPOLS for le free moneh thenk you @ThalexGlobal chads YALLA LFG!!!1!!
Free chips are the best incentive to learn options. Follow @FoftyPawlow for options alpha + free collateral when you sign up.
Striked a deal with Thalex, gave a bunch of people $500 that have never traded options before, shilled them ETH calls a day later, profit