Greekslive: A whale purchased out-of-the-money put options, with the main positions concentrated at $59,000 and $55,000

According to media reports, Greekslive pointed out that the bulk market on May 9th showed some directional views of whales. They bought slightly out-of-the-money put options, mainly concentrated at $59,000 and $55,000. Today's main transactions are two types: actively buying current month put options and buying long-term put options while selling call options to form RR to reduce costs.