Greeks.live: The options market data shows a significant decline in market enthusiasm, with participants' optimism for January weakening

ChainCatcher message, Greeks.live analyst Adam posted on social media that the differences in option Skew across various maturities have widened. Since the bull market at the end of this year, the Skew across maturities has been very close, fluctuating around 5%, with most differences not exceeding 1%. However, as we recently entered a correction, the differences have started to widen, with short-term skew decreasing significantly.

These data indicate that the market's enthusiasm has clearly diminished, and the optimism among options market participants for January has weakened.