BITx - Weekly Volatility Snapshot

5月26日

Good Afternoon,

Here is my weekly perspective for BITX

IV (96.75%) entering this week is holding in the 18th percent range for the year and has been climbing weekly from putting in new lows at the beginning of the year. We essentially have been seeing rising IV with rising price action, the best of the best. Premium increases from price action climbing and IV rising affects Vega positively increasing premium too.

Bi-weekly trends (56.07%) show a cooling off entering the week and contraction under IV, but it might not last long as there could be major macro news in the crypto world at any moment. This could be a big week on continued regression towards quarterly means (104.06%).

If this happens the range will continue to expand in my option and hold a +7.31% value per move on premium over stated IV, but weekly trends would be expanding 47.99% -- A huge move.

As always --

For those interested in volatility analysis and the application of weighted HV ranges to IV, I encourage you to BOOST and share this post, leave a comment, or follow me to join me on this journey.

5月31日

交易進行

Saw that coming!

I was able to harvest good premium this week selling covered calls against the volatility of BTC 2x leverage. I currently still am in a position and I don't mind being called away because I sell ITM, but as that unfolds, I am longing iBIT -- I think we see significant volatility increases starting Tuesday June 3rd.

Come back this weekend for more volatility discussion and stop by my 'X' account to dig deeper in what and why I do what I do, till next time, CHEERS