[Analysis] "Bitcoin options selling advantageous… Ethereum buying opportunities expand"

An analysis found that a zone favorable to selling strategies has formed in the Bitcoin (BTC) options market, while Ethereum (ETH) is seeing increasing buying opportunities.

On the 23rd (local time), 10x Research said in a report, "In the Bitcoin options market, implied volatility is remaining at a higher level than realized volatility, forming a zone favorable to selling strategies. Conversely, Ethereum (ETH) has implied volatility lower than realized volatility, increasing buying opportunities," the report analyzed.

The report said, "Looking at recent trading flows, Bitcoin investors are selling call options to earn premium income, while Ethereum investors are buying put options to hedge against downside risk," and added, "A strategy of shorting short-term Bitcoin option volatility and building long-term Ethereum exposure can simultaneously capture opportunities from time decay and volatility mean reversion."