Interesting, just said that the launch time is unpredictable, and it just took off. Haha. Open the calendar strategy, hang up the insurance, and wait for mean reversion.

Let's talk about SOL.
The strength of Bitcoin and ETH highlights the desolation of SOL.
The comprehensive normalization of gamma ex has further amplified this awkwardness, as it seems traders are all bearish on SOL. Compared to Bitcoin's gamma ex, SOL is simply a mirrored version of extreme reversal.
From the iv box plot, SOL's near-term iv is relatively high compared to historical levels, while the long-term remains stable.
Therefore, the calendar strategy of selling short-term and buying long-term is the most suitable choice at present.
The launch of SOL cannot be predicted in terms of time. First, earn from the volatility spread; the daily small joys of rental income can serve as psychological comfort, which is beneficial for long-term holdings.
Wishing everyone prosperity~ $sol