Derivatives
Cumberland Favors Bitcoin Option Trades to Profit From US CPI
Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said.
DeFi Protocol Perennial Launches, Announces $12M in Funding
Polychain Capital and Variant co-led a seed round for the decentralized derivatives protocol.
Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders
With a favorable environment for alternative cryptocurrencies far away, a rise in open interest in AXS futures implies traders shorting the rally, one trader said.
AAX Likely Moving Toward Legal Procedure, Former Exec Predicts
Hong-Kong based crypto exchange AAX closed out its derivatives position. The company said in a statement on Nov. 19 that the firm "has a chance ... of resuming normal operations." Former AAX VP and Head of Research Ben Caselin says "that's definitely not my sentiment observation," adding the exchange is likely moving to a legal procedure.
Matrixport Favors 'Systematic Bitcoin Call Overwriting' Strategy for 2023
The approach involves owning bitcoin while selling weekly call options with strike prices above the market level.
Shuttered AAX Will Close Out Derivatives, Citing ‘Chance’ of Return to Normal
The Hong Kong crypto exchange hopes to be able to raise enough capital to reopen following a hack.
Institutions Take Bearish Stance on Bitcoin, Create Arbitrage Opportunity
The record discount in the front-month bitcoin futures traded on the CME indicates institutions are biased bearish. The discount may attract arbitrageurs.
Health of FTX’s US Derivatives Arm Owed to Oversight, Says CFTC Chief Behnam
The former LedgerX unit seems to be in good shape, Behnam said at a Chicago event, though its controversial application to directly clear customers’ derivatives trades was withdrawn.
FTX Withdraws US CFTC Derivatives Clearing Plan
The company previously submitted a plan that it hoped would allow customers to assess and respond to derivatives risks in real time.
Panic Grips SOL With Record Volatility and Massive Put Demand
An incoming supply deluge seems to have spooked investors in both the spot and derivatives markets.
