Basically completed, the upward momentum appears to be exhausted according to the K-line trend, it may be time to take profit.
张无忌wepoets
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The near-end IV is low, while the far-end IV is relatively higher. Buy near straddles and sell far 4x wide straddles. Combine to create a sell-side strategy that resembles a butt. Referred to as the "sell butt" strategy. Positive gamma, Theta is also slightly positive, negative vega. Regardless of the price direction changes, it will be profitable. No worries about holding long. The only risk is if the expiration price remains unchanged, it will result in a slight loss of premium. (Can continue to rollover, with decent tolerance) As for a dramatic rise beyond both sides' profit range, it is basically impossible. A DDH bottom line can be added. Recently, the skew in options has turned positive, hoping for a small rise to add some excitement.
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