
Deribit|Jul 20, 2025 18:12
🌴 July 20th Trading Update from the Summer Chasers
- Top Strategy: Long Call Butterfly
- Most Wanted Option: BTC-22JUL25-119000-C
- Volatility Commentary:
The BTC volatility surface remains relatively stable, while ETH IV has risen sharply, particularly on the front end. Traders should remain vigilant for potential tail-risk events and consider reinforcing hedging and protective strategies to guard against extreme market moves.
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