TechFlow news, on March 22, the community bulletin released by Greeks.Live showed that the current Bitcoin options market is experiencing extremely low implied volatility at just 26%, creating an opportunity for traders to establish protective strategies.
English-speaking community members remain generally cautiously bullish, primarily influenced by Michael Saylor's recent buying activity and low options pricing. Traders are closely watching the key price level of $84,000 while discussing protective strategies under the current low volatility environment. Notably, the premium for put options at $83,000 has dropped to just $230.
The Chinese-speaking community focuses more on rationally constructing hedging structures and selecting cost-effective options strategies rather than simply predicting market direction. Community members emphasize the importance of choosing options strategies that "allow selling at good prices and good IV," with most traders preferring to reduce costs via covered calls/protective puts and focusing on cash flow dynamics.
Market makers are currently in a "peak short gamma" position, and the market appears to be "pricing in Saylor's buying" and "willing to remain unprotected." Several traders have observed that adopting long gamma strategies could prove profitable in either direction under the current market conditions.
