Analyst: Recently, the crypto market is not suitable for using options data as trading signals

Odaily Planet Daily reports that Greeks.live macro researcher Adam posted on the X platform that this Friday the 26th, more than half of the total options holdings will expire. Currently, the main force in trading is the repositioning of options, but this will send many signals and noise to the crypto market. In recent days, it is not advisable to use options data as trading signals. For example, today the proportion of large put option transactions reached 30%, but this is not a bearish signal. Many deep out-of-the-money and in-the-money put options are being traded, and of course, this should not be seen as an institutional view on the point level, because when a large number of options expire, many institutions move their positions early to hedge major risks.