0.00Open0.10Pre Close0 Volume42 Open Interest19400.00Strike Price0.00Turnover1619.17%IV1.85%PremiumMay 6, 2025Expiry Date0.00Intrinsic Value100Multiplier0DDays to Expiry0.10Extrinsic Value100Contract SizeEuropeanOptions Type-0.0024Delta0.0001Gamma197662.36Leverage Ratio-7552.5929Theta0.0000Rho-476.19Eff Leverage0.0006Vega
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.