The Big Picture | Ready for the Next Crypto Boom? Organic Option Interest is Back and Soaring!

Back to Blogs

July 15, 2023

...

In this week's episode of The Big Picture, the Paradigm Boys (Joe and David) are on their own, but that doesn't stop them from delivering an alpha-packed episode. This week we begin by analyzing the puzzling spot action in Bitcoin and trying to understand the factors behind it. Next, we discuss the decline in CPI (Consumer Price Index) and its implications for the market. Moving on, we explore the performance of DXY (US Dollar Index) and its influence on the overall market dynamics. A significant portion of the video is dedicated to discussing the current situation in China and its potential impact on the global economy. We also provide a live reaction to XRP and analyze its recent price action. Shifting gears, we examine the range and wedge pattern of Bitcoin and discuss possible scenarios for its future movement. Additionally, we delve into the open interest (OI) in taker positions, examining it by strike and maturity. Finally, we analyze option flows and discuss the strategy of rolling strikes up. Join us for an insightful and comprehensive discussion on these key topics.

Chapters

- Intro
- Puzzling $BTC spot action
- CPI Decline
- DXY
- Talking China
- Live Reaction to XRP and Price Action
- $BTC Range and Wedge Pattern
- Taker OI by Strike and Maturity
- Looking at Option Flows
- Rolling Strikes Up

Heading 1

Heading 2

Heading 3

Heading 4

Heading 5
Heading 6

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

Block quote

Ordered list

  1. Item 1
  2. Item 2
  3. Item 3

Unordered list

  • Item A
  • Item B
  • Item C

Text link

Bold text

Emphasis

Superscript

Subscript

We've recently updated our privacy policy. The updated policy can be found here. Continued use of our services constitutes acceptance of our updated policy.