Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Options trading activity is intensifying as traders prepare for Bitcoin's traditionally strong performance in October. This year, the focus has shifted to end-of-month expiries, indicating a bold, risk-on attitude among traders. Analysts, including Brian Stutland of Equity Armor Investments, are predicting a significant volatility event this month. Bitcoin's implied volatility structure suggests an unusually volatile weekend ahead, with options expiring on October 5 showing higher implied volatility than those expiring later in the month. The implied volatility for options expiring on October 5 is at 51.44%, according to DeribitExchange. The upcoming U.S. nonfarm payrolls data release and geopolitical factors are expected to contribute to the price swings.
$BTC options expiring on Oct. 5 are trading at higher IV than Oct. 25 options, @DeribitExchange data tracked by @Arbelosxyz shows. @christinenews explains why we could expect an unusually volatile Saturday on "Chart of the Day", presented by @cryptocom: https://t.co/3y3zI0QmjC https://t.co/iYLiuXBqT6
October is usually the start of a parabolic #Bitcoin rally. Will this time be different? https://t.co/RR9LbCDMT8
BITCOIN SET FOR A WILD WEEKEND This weekend is about to get wild for Bitcoin, with U.S. nonfarm payrolls data dropping and heavy geopolitical vibes set to spark serious price swings on Saturday, October 5. Implied volatility is at 51.44% for options expiring Saturday—up from… https://t.co/JJz8N3Vv5v