CoinVoice has recently learned that on September 11, the BitVol (Bitcoin volatility) index launched by financial index company T3 Index and Bitcoin options trading platform LedgerX rebounded slightly to 43.2 yesterday, a daily increase of 2.61%.
CoinVoice Note: The BitVol index measures the 30-day expected implied volatility derived from the price of tradable Bitcoin options. Implied volatility refers to the volatility implied by the actual option price. It is the volatility inferred by substituting the actual option price and other parameters except volatility σ into the B-S option pricing formula.
The actual price of an option is formed by the competition of many option traders. Therefore, the implied volatility represents the market participants' views and expectations on the future of the market and is therefore considered to be the closest to the actual volatility at that time. [Original link]
