Post #7495

📊 ETH options whipsaw Last week showed how quickly sentiment can swing in derivatives. ➡️ Aug 22: upside bias as calls got bid, with 1w skew at -7% ➡️ Aug 25: shift into defense as puts gained demand, with 1w skew at +4% ➡️ Aug 28: back to neutral, with skews flattening across tenors In plain terms, traders flipped ETH risk pricing from bullish to bearish and then to balanced in less than a week. That speed highlights how fragile conviction is right now. In this kind of environment, option markets are a compass, they show you not where price is, but where traders are afraid it might go next. 🫡Powered by Venture Capital