POPA ReconBybit Options Weekly Review: Aug 18–24
Bybit Options Weekly Review: Aug 18–24 Crypto's strongest week in two years. BTC +23.6%, ETH +31.3%, HYPE +44%. Three catalysts drove the rally: • Treasury doubled bond buybacks, sparking the debasement trade • Trump backed the CLARITY Act directly • $3.26B in liquidations amplified every move This week's strategy: ETH Short Strangle + HYPE Sell Put. Both weekly options, both harvesting elevated vol. ⚠️ Jackson Hole (Aug 28) is the key risk. Warsh's first speech as Fed Chair is pure two-way. Positions capped at 60–70% of normal sizing ahead of the event.
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