$4.45 Million in Notional Value in Short Positions: Trader tetrose Bets on a Fed Rate Hike in October

Odaily News: On October 10, the implied probability of a 25 basis point Fed rate hike in October is approximately 15.5%. Trader tetrose holds 297,800 related Yes positions worth $46,200, with a floating loss of $23,600; his BTC short position is 20.95 BTC, worth $1,734,500, with a floating loss of $6,491; he also holds a short position in the S&P 500 index worth $2,711,500, with a floating loss of $1,666. The combined notional value of the two short positions is approximately $4.45 million.