Bitcoin (BTC), while maintaining an increase trend, reached $ 90,000, while the development in the market optional mobility optional market. The three -month option to close the door, which will take place on Friday, can cause fluctuations, especially due to the location of the market creator.
Bitcoin (BTC), while continuing to increase to $ 90,000, while the development in the optional market may increase price fluctuations. The three -month option to close, will take place on Friday, which can be prepared for the mobility of price, especially due to the location of market creators. Market manufacturers are obliged to provide liquidity in the optional market, also known as agent or MMS. They are on the opposite side of transactions and try to protect a neutral position for the market. To achieve this, they balance their position in the on -site and future market and protect. Their income usually comes from the difference between buying and selling prices. The risk of increasing fluctuations is about $ 90,000 According to the Deriboin Bitcoin optional data provided by Amberdata, market makers have a “short gamma” position at $ 90,000. Short gamma position means market manufacturers will have to buy and sell when prices rise. This behavior may increase the fluctuations in the market. The writer and president of Blofin Academy, Griffin Ardern, told Cindesk that negative Gaman will continue to affect the market even after adulthood, ”MMS protection may increase price fluctuations,” he said. However, according to Ardern, the rising price movement seems to be more likely in the current market conditions. Gamma refers to an urban urban measurement of sensitivity of optional price for price changes in base assets. There is a short gamma position that makes the market creator more sensitive to fluctuations. During high volatility, this can cause financial losses. For this reason, while market makers are in a short gamma position, they will increase trading in parallel with the movements in the market. Position in the past of market manufacturers and the current situation When makers set up markets in a long gamma position, the opposite is a strategy. For example, at the end of last year, market makers were at Gamma position at $ 90,000 and $ 100,000. This has contributed to the consolidated price in December. Graphics show that gamma changes at different prices on the optional maturity date. It is estimated that the $ 90,000 will continue to have the most negative plain after a three -month option in Friday. This indicates that market makers can continue to increase the fluctuations of protective behaviors. According to Ardern, the BTC dealer's gamma profile will appear at the end of the day of maturity on Friday, which will be similar to the PAXG notification code supported with gold. PAXG distribution has distributed contact with gamma (GEX) similar to BTC after eliminating the effects of the upcoming options. The price is supported after significantly reduced and encountered an increase in value increase. The wavy course in the coming days.