Deribit Options Market Report: 0807 - Weekly Delivery Day
Today is the delivery day of the week. This week, 21,000 coins of BTC options will be delivered, and 110,000 coins of ETH options will be delivered. In terms of periodic options, the delivery volume is relatively large. This is directly related to this week's sharp price draw. At present, the price of Bitcoin is trading sideways near the new high of the year, and there is a lot of room for up and down.
BTC historical volatility BTC historical volatility 10d 86% 30d 53% 90d 56% 1Y 81% Implied volatility for each normalized term: Implied volatility for each normalized term: Today: 1m 60%, 3m 68%, 6m 70% 8/6：1m 61%, 3m 68%, 6m 70% Skewness: Skewness: Today: 1m +9.4%, 3m +12.5%, 6m +15.3% 8/6：1m +11.2%, 3m +13.6%, 6m +17.8% The trading volume is not large, the price has not changed much, and the basis and skew are relatively stable. It can be seen from BTC Option Flows that the trading volume is not large, which is in line with the general characteristics of the delivery day, and the trading volume is expected to be relatively average on weekends. Judging from the changes in open interest, there are more short-term option transactions, and more people are betting on the next week. secondary title ETH Historical Volatility 10d 89% 30d 71% 90d 69% 1Y 102% Each standardized period IV: Each standardized period IV: Today: 1m 81%, 3m 83%, 6m 81% 8/6 : 1m82%，3m84%，6m 82% Ethereum IV is at the same level as yesterday, and the market price on the delivery day is not strong, so the power of both parties is relatively balanced. Today, the Ethereum option with a nominal value of 110,000 coins expires. The term structure of Ethereum has finally returned to the normal state, but because of inertia, the forward IV is still relatively low. The habits of Ethereum options traders are indeed very different from Bitcoin. The market is different, the approach is different.【BTC Options】
ETH Historical Volatility
