“Protection Against Price Drops in Blackrock’s Spotcoin (BTC) ETF, IBIT, IS NOW AT IT ITS PRICIEST SINCE SINCE The EARLY April Market Slide.”, – WRITE: www.coindesk.com
Exchange-Traded Fund
(Etf)
is now at it priciest real the Early April Market Slide.
On Monday, The Spread Between Implied Volatilites (IV) for 25-Deelta Puts and 25 -Delta Calls for the ishares Bitcoin Trust etf (Ibit) Rose to 4.4, The Widest Since April Chameleon.
In Other Words, Put Options, WHICH Insure The Buyer Against Price Drops in the Underlying Asset, Traded at A Premium of 4.4 IV Relative to Calls, or Bullish Bets. IT’s A SIGN INVESTORS AREASINGSING PROTHERTTTECTION AGAINST PRICE DECLINES, REFLECTING GROUWING CONCERNS ABOUT IBIT’S NEAR-Term Outlook.
IBIT GAPPED LOWER AT $ 65.72 On Monday, Tracking Overnight Losses in The Spot Bitcoin Market. AT Press Time, The Etf Shares Were Trading At $ 65.44, Down 1.51% for the Day, Having Reached A Record High of $ 69.89 Last Week, Accounting To Data Surce Tadingview.
Omkar Holds A Master’s Degree in Finance and A Charterred Market Technician (CMT) Designation.
X Icon