Deribit Executive: Current BTC Volatility Index at 47.08, Implied Volatility Lower Than 96.4% of the Past Year
According to ChainCatcher, Lin, head of Deribit's Asia-Pacific business, stated that the current Bitcoin Volatility Index (DVOL) is at 47.08, which is in a low volatility range. The implied volatility is lower than 96.4% of the levels over the past year.
Lin noted that in the current market conditions, if investors choose to sell Bitcoin call options with a strike price of $98,000 expiring at the end of May, they can achieve a coin-based yield of 4.2%, with an annualized yield of approximately 25.58%. Profit is realized if BTC remains below $102,000 (the breakeven point) at expiration.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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