Bitcoin options retain downside premium as 25-delta skew reaches 4.65%

  • Bitcoin options continue carrying a premium for downside protection.
  • 25-delta skew is +3.23% for one week and +4.65% for one month.
  • Positive skew reflects higher implied volatility for puts than comparable calls after FOMC risk cleared.

Bitcoin options continue to price a premium for downside protection, with 25-delta skew at +3.23% for one week and +4.65% for one month. Positive skew means 25-delta puts have higher implied volatility than comparable calls. The move comes after Federal Open Market Committee event risk cleared.

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