Greeks.Live: Market Sentiment Shows a Neutral to Cautious Bias, Trading in a Narrow Range

BlockBeats News, July 4th, GreekLive analyst Adam released the daily market brief, stating that the overall market sentiment is neutral with a cautious bias. Traders generally believe that the current market is in a narrow range consolidation phase, with a clear downtrend in IV. The community has reached a consensus that the performance of the positive vega strategy is poor, and in the current low-volatility environment, the negative vega strategy has a higher cost-effectiveness.

The positive Vega strategy refers to traders constructing an options portfolio to have an overall positive Vega, in order to profit from the increase in implied volatility. The negative vega strategy is the opposite.