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Well, something reached all time highs today... ftx.com/trade/BVOL/USD

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Why would you not have a vol product that is the sum of daily range over x time period? Makes lot of sense to me

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That's sort of what BVOL is--it adds up implied vol from next day, next few weeks, and next few quarters. Or do you mean an expiring one?

2:15 AM · May 10, 2020Twitter Web App

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and

I thought bvol is simply a bet on the BTC (t=expiration) - BTC (t=0). In above case, final settlement can be zero while the path could be very volatile. I am thinking an expiring one.

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MOVE is t=expiration - t=0 BVOL holds MOVE contracts but sells them before t=0--so it only holds MOVE contracts whose periods haven't started yet, thus tracks implied vol, not realized vol

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