Matrixport: Before the US election, traders can consider using call option arbitrage strategies to gain profits

Odaily News Matrixport published a chart saying that as implied volatility continues to be low, Bitcoin traders need to establish corresponding positions to prepare for the bull market that may be brought about by Trump's victory. Bitcoin options will expire on November 8, 2024, but the market has not seen extreme positions, indicating that traders are cautious about the results of the election. However, the strike prices of $65,000 and $70,000 indicate that many traders are looking forward to a market rebound. The Bitcoin options market has a trading volume of between $42 billion and $71 billion this year, and is gradually replacing the sluggish performance of currency stocks since the Bitcoin halving in April 2024, becoming a more popular leverage tool for traders. In addition, although MicroStrategy's current stock price is higher than the value of the Bitcoin it holds, holding MicroStrategy has become an alternative to gaining direct exposure to Bitcoin. At the beginning of this year, the macro situation was positive, and the price of Bitcoin once rebounded, but as the market structure and liquidity drivers weakened, there was a retracement. Trump's victory could be bullish for Bitcoin, but gains will be thwarted if the Federal Reserve takes a tighter monetary stance in response to the excessive stimulus from Trump's policies. During the pre-election period, traders looking to make short-term profits could consider using a call option arbitrage strategy to manage risk and capture upside gains.