It’s possible the market is pricing for a violent pump within the next 7 days. $ETH spot = $2045~ Expiry: Feb 20 (6 days) - 2050 Call (ATM = “At The Money”) -> 60.9% IV - 2700 Call (+32% OTM = “Out of The Money”) -> 84.3% IV That is a steep call wing (further strikes are much
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It’s possible the market is pricing for a violent pump within the next 7 days. $ETH spot = $2045~ Expiry: Feb 20 (6 days) - 2050 Call (ATM = “At The Money”) -> 60.9% IV - 2700 Call (+32% OTM = “Out of The Money”) -> 84.3% IV That is a steep call wing (further strikes are much