If it gets too high above 25, then makers will need to cover, which should push the price up towards 30.
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Nightwolf-moon : Are you sure spider lol
SpyderCall OP Nightwolf-moon : I don't have exact data for gamma exposure. but It is safe to assume that retail is buying calls, so they must be selling them. It's an educated guess. But if Bitcoin doesn't hold up, then it will drop below 25 for sure.
SpyderCall OP Nightwolf-moon : lots of OI on the 25 strike
Nightwolf-moon : Yeah it’s risky. It makes a lot of sense
SpyderCall OP Nightwolf-moon : Looks like makers are covering HARD! Just look at that intraday melt-up.