0.00Open438.95Pre Close0 Volume2 Open Interest19375.00Strike Price0.00Turnover1910.64%IV0.38%PremiumMay 6, 2025Expiry Date362.98Intrinsic Value100Multiplier0DDays to Expiry75.97Extrinsic Value100Contract SizeEuropeanOptions Type0.9945Delta0.0001Gamma44.97Leverage Ratio-18591.8095Theta0.0000Rho44.72Eff Leverage0.0014Vega
Daring Lu : Bear Trap suggests a downward trend is about to begin, when in reality, the market is preparing to move higher. It's a situation where traders are lured into short positions, anticipating a continued decline, but the price quickly reverses and goes back up, "trapping" those who bet on further decline.