Let me explain Jeff's meaning to everyone:



Backwardation is when the spot price is higher than the futures price.. The implied interest rate structure of options is in contango in the short term.

This gives sellers of short-term options higher premium income because spot is more expensive than futures! Buyers are willing to pay more to hedge short-term risks.

It's a rather rare situation... I find it very confusing to think about why this situation has arisen...
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NotFinancialAdviservip
· 20h ago
Let's get started with futures arbitrage, brothers.
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ParallelChainMaxivip
· 20h ago
Wow, the discount is so steep!
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GateUser-44a00d6cvip
· 20h ago
Nonsense, retail investors just need to buy coins and that's it.
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