Paradigm Session Recap - December 11, 2024
Spot is up, with BTC at $101,300 and ETH at $3,800 as of this writing. Equities also gained as an in-line CPI print cemented the rate cut next week. The Nasdaq Composite surpassed 20,000 points for the first time. Analysts are debating the implications of MicroStrategy’s potential inclusion in the Nasdaq 100.
Both term structures steepened, with fronts down and backs ticking slightly higher. Realizeds continue to climb gradually. Flows were mixed, with both upside and downside lifted. The 28 Mar 25 75k and 70k puts were bought at 66v.