Greeks.live: Put options still dominate the market, and institutions are bearish on the medium to long-term outlook

On February 12th, Greeks.live posted on social media stating, “Put options still dominate the market, with over $1 billion in large BTC put options traded today, accounting for 37%, primarily out-of-the-money options between $60,000 and $65,000. In terms of expiration, the main focus is on medium-term options for next month and March, indicating that institutions hold a negative outlook on medium- to long-term trends, with strong bearish expectations within one to two months.”