According to @GreeksLive, over half of all options will expire on Friday, Dec 26, and rollover trades now dominate volume, making recent options data unreliable for directional trading signals. Source: @GreeksLive on X, Dec 25, 2025. According to @GreeksLive, puts made up about 30% of today’s block trades, but this is not a bearish signal because many deep out-of-the-money and in-the-money puts traded rather than true institutional positioning. Source: @GreeksLive on X, Dec 25, 2025. According to @GreeksLive, institutions are rolling positions early to mitigate pin risk into expiry, and selectively picking up leftover positions discarded by institutions can offer exceptional value at favorable prices. Source: @GreeksLive on X, Dec 25, 2025. According to @GreeksLive, significant negative slippage over the past two days means traders who use smart execution can secure better quotes during these rollover-driven flows. Source: @GreeksLive on X, Dec 25, 2025.

According to @GreeksLive, Smart Trading significantly reduced slippage and improved execution efficiency in live BTC options trading, with details shared via X post: https://twitter.com/GreeksLive/status/2004081904816214040, source: @GreeksLive. In options markets, slippage is highlighted as a major cost component, and reducing it can double strategy profits, source: @GreeksLive. The account reported executing six BTC options trades and five BTC futures trades today using the approach, source: @GreeksLive. The post indicates traders focused on BTC derivatives can materially improve PnL by prioritizing slippage control in execution, source: @GreeksLive.

According to @GreeksLive, Smart Trading materially reduced slippage and improved execution efficiency in BTC options trading, a venue where slippage is described as a major cost component for strategies. Source: @GreeksLive on X, Dec 25, 2025. The source states that many strategies can double profits by reducing slippage and reports executing six BTC options trades alongside five BTC futures hedges today, underscoring the operational focus on slippage control and hedged execution. Source: @GreeksLive on X, Dec 25, 2025.

According to @GreeksLive, U.S. stock markets are closed on Christmas Eve and Christmas Day this week, and European and American investors typically stay away from markets until after New Year, leading to thinner participation and subdued flows for trading conditions. Based on @GreeksLive, crypto traders should expect holiday liquidity dynamics and prioritize limit orders, smaller position sizes, and tighter risk controls until activity normalizes after New Year, source @GreeksLive on Dec 23, 2025.

According to @GreeksLive, the year-end holiday period has thinned participation, and this Friday Dec 26 is the annual options settlement with over 50% of total options positions awaiting expiration, while most institutions rolled positions early, source: @GreeksLive. According to @GreeksLive, implied volatility across major expiries began falling last week and block trades have increased in share, source: @GreeksLive. According to @GreeksLive, over the past month Bitcoin’s implied volatility across major expiries fell by over 5% broadly, with short-to-medium-term IV down more than 10%, and Ethereum’s IV declined even more, source: @GreeksLive. According to @GreeksLive, these shifts signal subdued market expectations with consensus pointing to low volatility over the next two weeks and a high probability of a gradual drift lower, source: @GreeksLive.

According to @GreeksLive, the GreeksLive iOS app is now officially available on the Apple App Store, allowing users to manage Deribit and OKX accounts from an iPhone with the same powerful trading capabilities as the web platform (source: @GreeksLive). Traders can execute and manage crypto derivatives strategies on mobile with web-equivalent functionality across supported venues, enabling on-the-go account control for Deribit and OKX (source: @GreeksLive).

According to @GreeksLive, the Greeks.live iOS app is now live on the Apple App Store, enabling users to manage Deribit and OKX accounts from an iPhone with the same professional-grade trading features as the web platform, source: @GreeksLive. According to @GreeksLive, this release provides full mobile access for derivatives traders on these exchanges with feature parity to the web experience for account management and trading, source: @GreeksLive.

According to @GreeksLive, weekly notional block-trade volume for Dec 15–21 totaled $121,319,850 ($121.3 million). Source: @GreeksLive Exchange breakdown: $118.5 million on Deribit and $2.8 million on OKX. Source: @GreeksLive This equals approximately 97.7% of reported block flow on Deribit and 2.3% on OKX, showing the majority of activity routed to Deribit during the period. Source: @GreeksLive A recap of the top 5 block trades from the week is available on greeks.live. Source: @GreeksLive

According to @GreeksLive, its Smart Trading processed $135 million in trading volume over the past week, highlighting strong throughput for complex order flows (Source: @GreeksLive on X, Dec 17, 2025). The service cumulatively saved $41,000 in slippage costs during the same period, indicating tangible cost reduction at execution (Source: @GreeksLive on X, Dec 17, 2025). Through multi-leg balanced execution, proportions across different legs remain consistent in complex strategies, ensuring trade execution as stated by the source (Source: @GreeksLive on X, Dec 17, 2025). These metrics directly reflect operational performance in minimizing slippage and maintaining leg ratios for complex trades, according to the source (Source: @GreeksLive on X, Dec 17, 2025).

According to @GreeksLive, for Dec 1–7 total notional executed via block trades reached $73,634,186, or $73.6 million. Source: @GreeksLive on X, Dec 8, 2025. According to @GreeksLive, $72.1 million cleared on Deribit and $1.5 million on OKX within the period. Source: @GreeksLive on X, Dec 8, 2025. According to @GreeksLive, venue share based on reported notional was approximately 97.96% Deribit and 2.04% OKX. Source: @GreeksLive on X, Dec 8, 2025. According to @GreeksLive, a recap of the top five block trades executed via greeks.live for the week was published. Source: @GreeksLive on X, Dec 8, 2025.

According to @GreeksLive, on the first weekly settlement day of December there is limited activity in expiring weekly options, with market focus primarily on year-end settlements (source: @GreeksLive, Dec 5, 2025). According to @GreeksLive, positions held through the end of December account for over half of total open interest, highlighting a concentration in year-end expiry positioning (source: @GreeksLive, Dec 5, 2025).

According to @GreeksLive, the community shows a cautiously bullish bias, with traders calling bottoms and expecting upside, based on its Daily Digest update published on Dec 2, 2025; source: Greeks.live on X Dec 2, 2025 https://twitter.com/GreeksLive/status/1995865946972434632. Sentiment is tempered by frustration over choppy price action, reflecting uneven market conditions for short-term traders; source: Greeks.live on X Dec 2, 2025 https://twitter.com/GreeksLive/status/1995865946972434632.

According to @GreeksLive, an RFQ market maker priced a 25 BTC block at $2.29M notional with a quote 61 bps tighter than the visible order book, saving the client $2,796.07 in slippage compared with sweeping the book (source: @GreeksLive). The execution was significantly better than the screen mid, highlighting price improvement from RFQ-based liquidity versus lit order books for this trade size (source: @GreeksLive). For traders handling similar BTC block sizes, RFQ workflows can reduce execution costs and implementation shortfall by securing negotiated quotes instead of crossing spreads on the book (source: @GreeksLive).

According to @GreeksLive, a market maker on the Greeks RFQ platform quoted a package trade 61 basis points better than the order book, saving $2,796.07 in slippage for the client (source: @GreeksLive on X). According to @GreeksLive, the multi-leg transaction totaled 25 BTC with a reported notional of 2.2919 million, outperforming the screen average price (source: @GreeksLive on X). According to @GreeksLive, this instance indicates lower execution costs for large BTC orders via RFQ versus screen execution in this trade (source: @GreeksLive on X).

According to @GreeksLive, notional block-trade volume for Nov 17-23, 2025 totaled $521,737,122 across Deribit and OKX, source: @GreeksLive. Deribit accounted for $516.9 million, while OKX recorded $4.8 million, implying approximately 99.1% vs 0.9% venue share based on the reported figures, source: @GreeksLive. The seven-day average notional volume was about $74.5 million per day, calculated from the stated total, source: @GreeksLive. A recap of the top five block trades for the week was also provided by the source, source: @GreeksLive.

According to @GreeksLive, the crypto market fell sharply last week, with BTC nearing $80,000 on Friday and sentiment turning into extreme panic (source: @GreeksLive on X, Nov 24, 2025). @GreeksLive also stated that dovish remarks from the Federal Reserve helped stabilize conditions, easing market stress over the weekend (source: @GreeksLive on X, Nov 24, 2025).

According to @GreeksLive, for November 10–16, Greeks.Live recorded $291,395,013 in notional block trade volume, including $288.7 million on Deribit and $2.7 million on OKX, reflecting the week’s executed flow as reported by the firm. source: @GreeksLive via X on Nov 17, 2025 According to @GreeksLive, a recap of the top 5 block trades for the week is available on greeks.live for further review. source: @GreeksLive via X on Nov 17, 2025

According to @GreeksLive, the firm announced a live broadcast titled Large Bitcoin Options Positioning on November 15, 2025, covering large BTC options positioning for traders, source: Greeks.Live on X. Traders commonly monitor open interest by strike and expiry to identify liquidity magnets and potential pinning into expiries that can affect BTC spot volatility, source: CME Group Education. Skew and term structure in Bitcoin options help gauge directional demand and hedging costs for positioning around key levels discussed in such sessions, source: Cboe Options Institute. Gamma exposure and the gamma flip level can signal where dealer hedging may amplify or dampen intraday BTC moves when large positions cluster, source: CME Group Education. Participants can use the Greeks.Live session to align trade setups around max pain, open interest concentration, and implied volatility shifts in BTC options after cross-checking with exchange data, source: Greeks.Live on X and CME Group Education.

According to @GreeksLive, the last three months of market action indicate a bear market, and after BTC dropped below 100,000 USD today, put options have taken the upper hand, reversing the earlier-week divergence in positioning. Source: @GreeksLive on X https://x.com/GreeksLive/status/1989240373705691576

According to @GreeksLive, 41,000 BTC options expired with a put-call ratio of 0.61, a maximum pain point at $105,000, and $3.95 billion in notional value, while 228,000 ETH options expired with a put-call ratio of 0.59, a maximum pain point at $3,475, and $730 million notional, source: @GreeksLive. Both BTC and ETH prices continue to fall, with BTC now below $100,000 without a clear rebound and ETH logging three straight monthly losses as sentiment shifts from neutral to negative, source: @GreeksLive. Implied volatility is rebounding broadly with BTC near-term IV approaching 50% and averaging around 45%, while ETH IV is above 70% for major expirations and near 100% in the short term, signaling rising volatility expectations, source: @GreeksLive. Bitcoin put-option volume and its share of total options trading have been steadily increasing, with puts now around a 30% share and risk aversion the dominant stance, source: @GreeksLive. The author characterizes this Q4 as the worst on record, citing macro uncertainty and divided sentiment, and advises against leveraged trading, source: @GreeksLive.