[Sharing of hedging strategies on 6.24, the pie fell slightly, the market as a whole is weak, waiting for good news to boost]
This week is another week full of big things. The release of US core PCE data will disturb the market. At the same time, the first TV debate of the US presidential election will also trigger a wave of positive attention on the topic of encryption. Expectations skyrocketed.
The pie fell lower over the weekend, which is in line with the previous volatility signal analysis. The downward trend of pie volatility remains unchanged and shows a gathering trend. When will the mean revert, we have to wait for the news of interest rate cut to come out.
The historical volatility of Ethereum has increased significantly, and the implied volatility is also rising. If nothing unexpected happens, there will be big moves this week, and skyrocketing prices are expected.
Volatility reflects the mentality of traders and predicts traders' risk preference for the future. However, volatility cannot resist sudden changes in external data, so volatility can assist predictions and should be further combined with macro and micro data.
June is coming to an end. Analysts predict that July and August will be mostly boring sideways trading periods. We are collectively optimistic about the market situation after September.
Under this premise, we have stronger reasons to continue to implement the covered strategy and obtain stable income through the passage of time.
The newly opened Yitai 3450 contract + 3500 short call combination a few days ago can only cover the retracement of 3400. Once it falls below 3400, it will lose money. Therefore, you can close the 3500 call position and continue the short 3400 call position until the 28th of this week. If the price continues to fall this week, positions can be moved backward and rolled over before expiration.
If you have not opened a position before, you can buy next week's combination of 3400 delivery contract + short call 3500 today.
A dull knife cuts through the flesh of the falling market. Using coverage near the average value can absorb the time value and play a certain role in covering the retracement, which is very cost-effective.
The coverage of the main spot positions can be maintained at the psychological price and rolled over to September.
In terms of Pairs trade, island friends who are long ETH and short ens have already made quite good profits, so they can just continue to hold positions. It is not recommended to open new positions. When the trend of ens breaks the Bollinger Band, it is recommended to close all positions. For now, just continue to hedge the downside risk of ETH.
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