SignalPlus Volatility Column (20231107): Sideways Oscillation

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SignalPlus
8 months ago
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BTC is still fluctuating at a high level near 35,000, and has retraced multiple times near the daily high of 35,300. ETH also stopped its gains in the past few days and formed resistance at the 1915 line.

SignalPlus Volatility Column (20231107): Sideways Oscillation

SignalPlus Volatility Column (20231107): Sideways Oscillation

Yesterday (6 Nov), U.S. Treasury yields first rose and then fell, with the two-year yield once exceeding 4.94%. After the Asian market close, the yield fell sharply. The current two-year/ten-year U.S. Treasury yields are 4.907%/4.611% respectively. , the three major U.S. stock indexes opened higher and moved lower, with the Dow/SP 500/Nasdaq closing up 0.1%/0.18%/0.3% respectively. The market will then focus on Fed Chairman Powells speech on Wednesday (8 Nov 10: 15 pm UTC+ 8).

SignalPlus Volatility Column (20231107): Sideways Oscillation

Source: SignalPlus, Economic Calendar

SignalPlus Volatility Column (20231107): Sideways Oscillation

Source: Binance & TradingView

In terms of digital currencies, BTC is still near 35,000High shock, and suffered multiple retracements near the intraday high of 35,300.ETH also stopped its gains in the past few days and formed resistance at the 1915 line. influenced by,The IV on the options front fell sharply along with realized volatility, and the curve steepened further. From a trading perspective, on the one hand, there is a strategy represented by Short 10 Nov 35000 Straddle on BTC, which is bearish on short-term volatility. On the other hand, there are more than 25K Short Risky on ETH, which has promoted the decline of ETH Vol Skew in the past day. despite this,Bull Call SpreadThe strategy still occupies a mainstream position in the bulk market, and a large number of transactions can be seen on BTC 17 Nov/24 Nov and ETH 29 Mar.

SignalPlus Volatility Column (20231107): Sideways Oscillation

Source: Deribit (as of 7 NOV 16:00 UTC+8)

SignalPlus Volatility Column (20231107): Sideways Oscillation

Source: SignalPlus, Frontend IV down

SignalPlus Volatility Column (20231107): Sideways Oscillation

Source: SignalPlus,ETH Vol Skew Decline

SignalPlus Volatility Column (20231107): Sideways Oscillation

Source: Deribit Block Trade

SignalPlus Volatility Column (20231107): Sideways Oscillation

Source: Deribit Block Trade

SignalPlus Volatility Column (20231107): Sideways Oscillation

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