The long-dormant #ETH led a new rally, breaking above $2,400
The long-dormant #ETH led a new rally, breaking above $2,400 to a new high for the year, driving all major term IVs back to yearly highs, and DVOL back to 70%, also a new high since April.
Looking at options data, Skew remains at recent levels and has not followed the rally, with institutional traders yet to enter the Fomo.
As mentioned several times recently, year-end liquidity is tight and prone to spikes and falls, with a good breakeven ratio on options purchases.
Looking at options data, Skew remains at recent levels and has not followed the rally, with institutional traders yet to enter the Fomo.
As mentioned several times recently, year-end liquidity is tight and prone to spikes and falls, with a good breakeven ratio on options purchases.