Deribit Options Market Report: 0805 - Ethereum is strong
In this round of bull market, Ethereum is obviously stronger. On the one hand, the price rise is greater, and on the other hand, the market starts earlier. After the correction on the 2nd, the price regained its foothold at $390, and the option open interest reached a new high, reaching $333 million. The various data of options are very strong.
BTC historical volatility BTC historical volatility 10d 83% 30d 52% 90d 58% 1Y 81% Implied volatility for each normalized term: Implied volatility for each normalized term: Today: 1m 63%, 3m 69%, 6m 69% 8/4：1m 63%, 3m 66%, 6m 66% Skewness: Skewness: Today: 1m +8.4%, 3m +11.5%, 6m +16.3% 8/4：1m +6.2%, 3m +8.6%, 6m +12.8% The basis has not changed much, and the skew has increased slightly. It can be seen from BTC Option Flows that the sellers will be dispatched as soon as the market stabilizes. From the perspective of changes in open interest, there are more short-term option transactions. ETH Historical Volatility ETH Historical Volatility 10d 103% 30d 73% 90d 70% 1Y 102% Each standardized period IV: Each standardized period IV: Today: 1m 89%, 3m 87%, 6m 82% 8/4 : 1m92%，3m87%，6m 80% Ethereum IV continues to maintain yesterday's level, the long-term IV is sold very low, and it may be difficult to return in a short time. The option positions of Ethereum are distributed in a stepwise manner, with 102,000 coins in the week, 165,000 coins in the current month, 247,000 coins in the quarter, and 308,000 coins at the end of the year. This position structure has greatly affected other data of Ethereum options, and it is difficult to change significantly in a short period of time.【BTC Options】
【ETH Options】
