The options market is pricing a short, sharp midterm shock for $BTC, not a long storm.
Per CoinDesk, implied volatility on Nov. 4 expiries sits around 43.5%, versus roughly 36% for the expiries after it. The curve settles back near 36% by late November.
My take: traders expect noise as early results and newsroom calls roll in, then a return to normal. Bitcoin is near $77,700 right now.
Are you hedging, trading the headlines, or sitting out election week?
#Bitcoin #Options #Midterms #Volatility $BTC Not financial advice.
Per CoinDesk, implied volatility on Nov. 4 expiries sits around 43.5%, versus roughly 36% for the expiries after it. The curve settles back near 36% by late November.
My take: traders expect noise as early results and newsroom calls roll in, then a return to normal. Bitcoin is near $77,700 right now.
Are you hedging, trading the headlines, or sitting out election week?
#Bitcoin #Options #Midterms #Volatility $BTC Not financial advice.