Panels

The 6 charts beside the large TradingView chart on our Options page are referred to here as panel charts.

ATM Implied Volatility

Implied volatility is viewable standardized for options expiring in 1 week (7 days), 1 month (30 days), 3 months (90 days), or 6 months (180 days).

At the money implied volatility for each listed expiration is interpolated between the options with strike prices surrounding the price of the underlying future.

At the money implied volatility for each standardized expiration is interpolated between the values for expirations surrounding the target date.

Saved and shown as a ~240 second moving average.

25 Delta Skew

25 delta skew is viewable standardized for options expiring in 1 week (7 days), 1 month (30 days), 3 months (90 days), or 6 months (180 days).

25 delta put implied volatility for each listed expiration is interpolated between the options with deltas surrounding -0.25.

25 delta call implied volatility for each listed expiration is interpolated between the options with deltas surrounding 0.25.

25 delta skew for each listed expiration is calculated in the following manner:

  • (25 delta put implied volatility - 25 delta call implied volatility) / at the money implied volatility

25 delta skew for each standardized expiration is interpolated between the values for expirations surrounding the target date.

Saved and shown as a ~240 second moving average.

Active Options

The 6 options contracts for the selected coin with the highest volume in the last 24 hours.

Put/Call

Volume: The trailing 24 hour options volume in contracts, broken down by put or call.

OI: The latest open interest in contracts for all options, broken down by put or call.

OI (Premium): The latest open interest in premium (OI * option price in dollars) for all options, broken down by put or call.

Term Structure

The term structure with at the money and forward at the money implied volatility for each expiration on the selected coin.

Spot-Vol Correlation

The trailing correlation between changes in the DVOL index and changes in the underlying price for the selected coin.

Term Structure Slope

The spread between the 1 month at the money implied volatility and 6 month at the money implied volatility for the selected coin.

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