On April 18, Greeks.live analyst Adam said the market has been much milder this week, and Trump has not released so much news this week, and the market has cooled rapidly. Currently, the short-term RV is only 30%, and the IV has also dropped sharply this week, falling below 40%. Medium- and long-term RV is between 50% and 60%, and IV is concentrated around 50%. Greeks.live It is expected that the trade war and tariff war are far from over, and market uncertainty will continue for a long time, and market volatility will continue for a long time.

The delivery volume accounts for less than 10% of the total positions, and PCR has been maintained at a high level recently, reflecting that the market's concerns about declines have significantly exceeded expectations for rises. The options holdings in April and June remained around 25%, the market structure was relatively stable, and there was a high possibility of sideways trading. But now is the pain period when bulls turn completely into bears, and investors are in a relatively low mood. In this poor market for bulls turn into bears, the probability of black swans occurring will increase significantly. Buying some deep undervalue bearishness will be a good choice.