Rangebound BTC Price Has Crypto Options Traders Shorting Volatility

“The implied price-moving vary of the present 7-day common IV is about 4% for BTC. Nonetheless, the realized every day worth shifting vary is lower than 1%, and even lower than 0.5%, which implies that promoting volatility can have comparatively good returns, though the present IVs are additionally at traditionally low ranges,” Ardern advised CoinDesk. “Given the absence of massive information in August, promoting volatility and taking a trip for stable theta positive aspects is the one factor I can do proper now.”