Deribit Options Market Report: 1207—Shrinkage

【BTC Options】

BTC historical volatility

10d 66%  

30d 63%

90d 54%

1Y   79%

【Option Trading Volume】

Options volume was $158 million and open interest rose slightly to $3.7 billion.

【IV】

Implied volatility for each normalized term:

Implied volatility for each normalized term:

12/6 ：1m 68.8%, 3m 74.5%, 6m 77.4% 

Today: 1m 71.1%, 3m 73.2%, 6m 76.5%

【Option Flows】

Judging from the Option Flows data, the power of buying out-of-value bearish is relatively strong, and there is not much difference in other directions.

【Option position distribution】

【ETH Options】

【ETH Options】

ETH Historical Volatility

10d 90%  

30d 87%

90d 82%

1Y  103%

Today’s options open interest in Ethereum was US$738 million, and the trading volume was US$17 million. The open interest in Ethereum rose slightly.

【IV】 

Each standardized period IV:

Each standardized period IV:

12/6：1m 83%，3m 88%，6m 85%

Today: 1m 82%, 3m 86%, 6m 86%

【Option Flows】

Almost no one bought puts on the weekend, and today there are almost no transactions in other directions except selling calls.

【Option position distribution】

【Option position distribution】