“We added to our longer-term options position, selling the volatility spike post-invasion,” QCP Capital, a crypto trading firm, wrote in a Telegram chat, referring to Russia’s invasion of Ukraine. The firm has been tactically accumulating a long volatility position, “expecting outsized volatility” going into the U.S. Federal Reserve meeting March 16-17.
Source: https://www.coindesk.com/markets/2022/03/04/market-wrap-cryptos-slide-analysts-expect-a-volatility-spike/?utm_medium=referral&utm_source=rss&utm_campaign=headlines