Bitcoin option buyers pay a Fed-week volatility premium that may fade after the decision
- —Seven-day ATM implied volatility rose to 36.5% from 32% a week earlier
- —30-day 25-delta skew at -4.64 points, near its -4.62 median and 49th percentile
- —Friday brings Deribit's monthly options expiry amid a packed macro calendar
- —Premium can erode if decisions pass without sufficient price movement
Why it matters: Option buyers are paying up for event risk; a quiet Fed outcome would erode the premium through time decay and falling implied volatility.
Source: CryptoSlate