PANews reported on February 10 that Adam, a macro researcher at Greeks.live, wrote on the X platform that despite the impact of Trump's tariff news, the community is still generally bullish, and traders are actively buying dips by buying call option spreads and ratio options. The focus of Bitcoin's support level is $92,000-95,000, and the next major target is $102,000. Some traders expect the price to hit $97,000 first.
Regarding options trading strategies, Adam wrote:
- Traders added naked call positions around $97,000 and set up call spreads at $97,000/100,000/101,000 strikes as wider spreads were too expensive.
- A popular strategy is to use 1:2 ratio options with a short strike price of $101,000-102,000 to reduce the cost basis
- Many traders are keeping existing positions intact but adding new call spreads on pullbacks, preferring narrower strike spreads ($9.6/10.0K) over wider spreads given the current market environment.
