POPA Recon$BTC options remain subdued, with volatility and skew continuing to compress. But positioning beneath the surface is becoming more…
$BTC options remain subdued, with volatility and skew continuing to compress. But positioning beneath the surface is becoming more concentrated around key strikes, creating a clearer setup across the options complex. Here’s what the data shows👇 $BTC implied volatility continues to compress, led by the front end. 1-week ATM IV has fallen toward 26%, while 6-month IV remains near 39%, steepening the term structure as traders price in subdued near-term moves but retain longer-dated uncertainty. https://glassno.de/4qf2mvA 25-delta skew has compressed sharply across tenors, with 1-week skew fal…
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