According to The Kobeissi Letter, premium members who initiated short positions in oil near $65.00 earlier this month are now seeing significant gains as oil prices have dropped to $59.00. The Kobeissi Letter highlights that commodities markets have been pricing in recession risks for several months, which has led to downward pressure on oil and related assets (source: The Kobeissi Letter on Twitter, April 30, 2025). This trend reinforces bearish trading strategies on oil and suggests ongoing volatility for traders monitoring recession-driven market movements.

According to Greeks.live, the Twitter account questioned the current market activity and asked if anyone is holding long put positions, indicating uncertainty or anticipation of market downturn. The inquiry suggests a search for confirmation among traders about bearish strategies, which could impact market sentiment and options trading strategies. Source: Greeks.live Twitter.

According to @WalletFullaNFTs, Gordon is recognized for his adeptness in short selling, which could influence traders to consider bearish strategies in the current market.