Deribit Options Market Report: 0821 — Smooth Delivery
BTC historical volatility
BTC historical volatility 10d 43% 30d 58% 90d 49% 1Y 80% Implied volatility for each normalized term: Implied volatility for each normalized term: Today: 1m 58%, 3m 73%, 6m 75% 8/20：1m 63%, 3m 76%, 6m 76% Skewness: Skewness: Today: 1m +3.9%, 3m +9.3%, 6m +14.8% 8/20：1m +3.6%, 3m +9.6%, 6m +15.5% The skew does not change much and is very stable. BTC Option Flows data shows that call sells accounted for 39%. On delivery days with little volatility, only sell calls will become the mainstream trading strategy, and other strategies generally do not trade heavily. secondary title ETH Historical Volatility 10d 73% 30d 84% 90d 68% 1Y 101% Each standardized period IV: Each standardized period IV: Today: 1m 84%, 3m 93%, 6m 90% 8/ 20: 1m 88%，3m 95%，6m 90% Ethereum IV has also declined, and it is still at a high level in the medium and long term, and it is close to the recent average in the short term (within one month). Ethereum’s Call Sell achieved a nominal value of 9,400 coins today, accounting for 48% of the total transaction volume; together with Buy&Block, call options maintained a transaction ratio of 74%. This phenomenon has lasted for three days, but the overall position is not particularly unbalanced, largely because the position of ETH is mainly in the medium and long term. diluted.ETH Historical Volatility
