Greeks.live: Friday is the annual delivery day, and nearly half of the options positions are facing delivery

Greeks.live macro researcher Adam released this week's market outlook (December 25th - December 31st) on the X platform: The major trading markets have entered the Christmas holiday this week. Although the cryptocurrency market is a 24/7 market, market activity will also decrease. Apart from the steady update of US unemployment data, there are almost no macro events this week, and there are no major cryptocurrency-related events. Binance is about to end BUSD withdrawals. The end of a generation of important stablecoins is the only landmark event at the end of the year, but it can be said to have no impact on the market. This Friday is the annual delivery day, and nearly half of the option positions are facing delivery. There is no doubt that huge margins will be released, which will put huge pressure on IV. Currently, the option IV after mid-January is still at a high level and is under the greatest pressure, and may face a sharp decline before and after delivery. It will be more cost-effective to sell Tuyingbao in the short term or add some well-timed sales. In terms of the crypto interest rate market, recent hot spots have continued, and the interest rate market remains high. However, the demand for high-interest borrowing has declined. Investors are advised to seize the opportunity to lend if they face higher interest borrowing needs. December 27 (Wednesday): The Bank of Japan released a summary of the opinions of the review committee of the December monetary policy meeting; December 28 (Thursday): The United States announced the number of initial jobless claims for the week.