Greeks.live: Bitcoin implied volatility stays at multi-year lows
- —Bitcoin implied volatility holds near multi-year lows
- —Current IV is only above this summer's extremely subdued levels
- —The decline in IV is a structural trend favoring buyer strategies
- —Analysts expect more capital into options after Deribit's merger with Coinbase
Why it matters: Cheap implied volatility makes long-volatility positions attractive ahead of macro data and the US election.
Source: PANews