Why This Report Matters
Bitcoin volatility has structurally declined, but that doesn’t mean the edge is gone. Instead, it’s evolved. Today’s options market consistently misprices volatility, creating reliable alpha for those who know how to extract it. This report explains why selling options still works, when to switch and buy calls instead, and how to frame your strategy in the current macro backdrop. It’s not about chasing breakouts—it’s about understanding where the inefficiencies still lie. The analysis below reveals why implied volatility remains elevated, how ETF and stablecoin flows support the thesis, and the specific trade that captures it best.
Bitcoin volatility is nearing a level where big moves have occurred.