Greeks.Live: This round of the bull market is a typical spot bull market, and the Bitcoin options market has matured

ChainCatcher news, Greeks.Live researcher Adam posted on social media that this bull market is a very typical spot bull market. Even in the current atmosphere of extreme FOMO, the implied volatility (IV) of the main expirations has not even reached recent highs. The level of 60% is considered high in the market over the past year, but compared to the previous bull market at this stage, the main expiration IV should have already surpassed 90%.

Although the IV is on a long-term downward trend, the current FOMO sentiment still cannot drive the IV to take off, which is a very positive phenomenon for the options market. The Bitcoin options market has already matured.