According to Gate Research Institute observations, the implied volatility (IV) in the options market remains high and volatile this cycle, with BTC and ETH IV at 46% and 70% respectively. From the skew structure perspective, BTC skew across various maturities has converged to approximately -5 vol this week, while ETH shows divergence and increased short-term hedging demand; meanwhile, ETH forward skew remains relatively stable, whereas BTC maintains a steeper downside protection demand. The largest block trade by volume was a buy of BTC-131225-90000-P and a sell of BTC-131225-98000-C, with a total of about 1,000 BTC traded and a net premium expenditure of approximately $170,000.

Gate exclusively launches a convenient options trading tool — rolling sell options products, to assist users in automatically and continuously selling options within a set period. Users can customize Delta/Strike selections, contract and expiry date settings (T+1/T+2/T+3), sell price execution methods, quantities, and optional take-profit and stop-loss parameters. The strategy will automatically open positions daily and seamlessly transition to the next period after expiry, achieving full automation. This feature supports clear risk indicator displays, margin estimates, expected trading paths, and other auxiliary information to help users manage strategy execution more intuitively.

More details: https://www.gate.com/learn/articles/gate-research-implied-volatility-remains-elevated-as-gate-exclusively-launches-options-recurring-sell/14710