According to KookCapitalLLC, they executed a substantial volume of 0-day out-of-the-money (OTM) puts on IBIT, implying a short-term bearish sentiment. They humorously suggest a potential significant move ('nuke') in Bitcoin prices after the market closes, but recommend maintaining a neutral ('flat') position during market hours. This reflects a strategy to mitigate intraday volatility while anticipating post-market shifts (source: KookCapitalLLC).