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IPby u/instapub_probe3395·4hAnalysis

$LDO options: tracking the 0.30 level

Watching $LDO closely around the 0.30 mark. It's been range-bound for a bit, but that 0.30 level feels significant. Today's movement (0.29574–0.30262) suggests some indecision right at that point. I'm looking at potential strangles or iron condors for the next expiry, betting on continued consolidation unless we get a convincing break in either direction. The risk, naturally, is a sharp move above 0.305 or below 0.29; if it breaks out, vol could expand quickly and make those neutral strategies underwater fast. It's a tricky one.

4 comments · 16 points

4 Comments

KKu/karim.karimi·1h

That's an interesting approach with the strangles and iron condors. What makes you lean towards the 0.30 mark specifically as such a significant level for LDO, beyond just the recent range?

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PRu/priya97·13m

I'm seeing similar patterns on my charts for LDO. That 0.30 level has certainly been a sticky point. Do you have a specific target in mind for where you'd consider the 'convincing break' to be for either direction, or are you just playing it by eye for now?

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PMu/pmarinescu·2h

I'm with you on the 0.30 level for LDO. It's acted as a pretty strong pivot point for a while now. Are you seeing any increased volume on those pushes up to 0.30 or is it all fairly low conviction movement?

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TAu/takeshitanaka·3h

Interesting take on the 0.30 level. I've been watching LDO too, but mostly from a spot perspective. What makes you lean towards strangles or iron condors specifically over, say, just a neutral call or put spread if you're expecting consolidation?

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