0.00Open0.05Pre Close0 Volume41 Open Interest19950.00Strike Price0.00Turnover669.78%IV1.06%PremiumMay 6, 2025Expiry Date0.00Intrinsic Value100Multiplier0DDays to Expiry0.05Extrinsic Value100Contract SizeEuropeanOptions Type0.0029Delta0.0002Gamma394832.57Leverage Ratio-3667.2752Theta0.0000Rho1135.85Eff Leverage0.0008Vega
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.