IV's have exploded on #bitcoin after this...
Be careful _buying_ options in this environment. Maybe better to sell and collect some premiums on OTM strikes
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Yup
seems the ftx bvol jump is less pronounced than deribit IV on the dump, maybe because on MOVE it is retracing the climb so pricing lower on longer contracts?
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It only has non-struck MOVE so shouldn't really matter
I think it's possible that some of the options--especially the wider/illiquid ones--blew out a bit on Deribit during the crash, maybe from liquidations? But idk, I'm mostly speaking out of my ass.
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