0.00Open1.08Pre Close0 Volume4 Open Interest20540.00Strike Price0.00Turnover3662.16%IV4.04%PremiumMay 6, 2025Expiry Date0.00Intrinsic Value100Multiplier0DDays to Expiry1.08Extrinsic Value100Contract SizeEuropeanOptions Type0.0101Delta0.0001Gamma18281.50Leverage Ratio-61293.4113Theta0.0000Rho185.00Eff Leverage0.0023Vega
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.