Greeks.live: The trading volume of large put options today was US$120 million, significantly higher than usual

Adam, a macro researcher at Greeks.live, posted on the Judging from today's block transactions, block put options were traded at US$120 million, accounting for 16%, which was significantly higher than usual. Single large trades of more than $5 million are mainly selling short-term put options, while smaller orders are mainly buying short-term puts. Although from a logical point of view, today's market is still not optimistic, but large investors believe that the market has stabilized.