Greeks.live: The FOMO sentiment brought by the previous surge has disappeared, and the market's expectation of volatility is higher than during BTC's historical high

ChainCatcher news, Greeks.live researcher Adam posted on social media that after several days of continuous decline, BTC realized volatility has once again surged significantly, with the implied volatility (IV) for all major maturities reaching the highest levels in nearly a year. The market's expectations for volatility are even higher than during the period of historical highs, primarily due to the significant increase in the prices of short to medium-term put options.

Currently, the options skew indicator has returned from a significant skew to a neutral state, with the prices of put options and call options at parity under the same conditions, and the FOMO sentiment brought by this year's surge has dissipated.