News list for " bohan"
On November 6, Bohan Jiang, head of over-the-counter options trading at Abra, said that the worst-case scenario for risky assets, including cryptocurrencies, is that "the US election results are delayed or disputed - similar to the 2000 election - when the results are unknown for several weeks, this will lead to a sell-off in risky assets during this period, and event volatility will continue for the next few weeks until we get a definitive result."
Bohan Jiang, head of over-the-counter options trading at Abra, said the recent macroeconomic downturn has caught derivatives markets off guard, with the Chicago Board Options Exchange's Volatility Index (VIX) soaring. In the past 24 hours, the VIX has surged above 65 points, the highest level since the market panic at the start of the COVID-19 pandemic. "I expect implied volatility in the cryptocurrency market to remain high until macro factors calm down," said Mr. Jiang. "Most options market pa...
