After several days of continuous decline, the implied volatility (IV) of major futures contracts has also reached the highest level in nearly a year. The price of short- to medium-term bearish put opt

CN
7 months ago

After several days of continuous decline, BTC has once again experienced a significant increase in volatility, with the implied volatility (IV) of major terms reaching the highest levels in nearly a year.

Market expectations for volatility are even higher than during the period of reaching historical highs. Observing market data, this is mainly due to the significant increase in the prices of short- to medium-term put options.

Currently, the options skew indicator Skew has returned from significant skewness to a neutral state, with the prices of put options and call options returning to parity under the same conditions. The FOMO sentiment brought about by this year's surge has disappeared.

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