Greeks.Live: Traders are bracing for more declines and another 4-year shock, and many are selling call options

Greeks.LiveTraders are bracing for more declines and another 4-year volatility, with many selling call options, especially the $87,000 and $90,000/$94,000 strike levels expiring on April 4, according to a community brief. Multiple traders reported selling put options to take advantage of market fluctuations, maintaining a slightly positive delta while holding a short-term low volatility view. Market participants discussed the impact of GME's deployment ($140 million) and other large Bitcoin holders (Saylor 22,000 coins, Tether 8,000 coins), but the consensus is that these factors have not significantly driven the market.

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