Deribit: $10.5B Quarterly Options Expire Friday as Bitcoin Implied Volatility Stays Low at 41.5%

BTC-1.56%
According to CoinDesk, Deribit's $10.5 billion quarterly options are set to expire on Friday (June 26). Bitcoin's 30-day implied volatility index (DVOL) is currently at 41.5%, significantly below the 90% peak recorded in February. Deribit Chief Commercial Officer Jean-David Péquignot noted that volatility levels remain subdued relative to historical averages, lowering the cost of purchasing options. Call option volatility is notably lower than put option volatility, making call spread strategies more attractive on a relative volatility basis, according to Péquignot.
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