Options Market Trends
Latest data shows that BTC implied volatility (IV) remains high at 55%, and ETH IV stays elevated at 74%. BTC IV is near the 91st percentile over the past year, indicating that the options market’s short-term price volatility expectations are still at a one-year high.
In the past week, BTC 25-Delta Skew widened initially and then converged, with the 7-day skew dropping to about -15 vol, reflecting a temporary increase in short-term put demand. It then quickly recovered to around -5 vol. The 30-day to 90-day skew generally remains between -4 and -6 vol, indicating a mild negative bias overall. This suggests the market maintains downside hedging needs but has not developed into sustained pessimistic pricing.
From the GEX distribution, the main peak is centered around March 27 with significant positive Gamma, indicating market makers are in a positive Gamma environment, making prices easier to hedge and tending toward sideways movement. Near March 13, in the negative Gamma zone, volatility could be amplified and evolve into a trending market.
Block Trade Structure
In the past 24 hours, the largest block trades in BTC and ETH options markets are as follows:
-
BTC: Bought BTC-27MAR26-125000-C, approximately 1,500 BTC traded, with a net premium expenditure of about $100,000.
-
ETH: Bought ETH-13MAR26-1950-P, approximately 10,000 ETH traded, with a net premium expenditure of about $800,000.
Options portfolio strategies can be executed using the combination order tool available on the Gate platform.
Platform Updates
Gate has fully upgraded its options VIP fee structure, covering all options products, providing substantial fee reductions from beginner to professional users. VIP0 users can enjoy lower rates without asset or trading volume requirements, giving newcomers a cost advantage from the start. During the growth phase, assets of “tens of thousands” and “hundreds of thousands in trading volume” can upgrade to lower fees, far below mainstream platforms’ billion-level trading or high asset thresholds. Professional and institutional users at VIP10+ can enjoy Maker 0% and Taker 0.015% fees, truly optimizing costs at all stages.
Options trading entry: https://www.gate.com/zh/options/BTC_USDT
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Three Bitcoin Signals Point to $80K as Next BTC Target for Bulls
Bitcoin (CRYPTO: BTC) bulls are targeting a move back toward $80,000 in March, supported by a technical setup that has begun to show meaningful upside momentum. After a rally that pushed BTC above key levels, the asset retraced and then re-accelerated, signaling that demand is re-emerging as
CryptoBreaking3m ago
Bitcoin Miners Sell Holdings as AI Pivot Accelerates
Major bitcoin mining companies are increasingly selling portions of their BTC reserves as they pivot toward artificial intelligence (AI) infrastructure. The shift highlights how miners are chasing more predictable revenues from AI data centers amid volatile mining margins.
Crypto Miners Shift
Coinpedia11m ago
Bitcoin Miners Accelerate BTC Sales as Industry Pivots Toward AI Data Centers
_Major Bitcoin miners are selling BTC reserves as shrinking mining margins push firms to fund AI data centers and HPC projects._
Bitcoin’s steep decline since October is forcing major mining companies to shift. Several firms with large Bitcoin reserves have begun selling coins more quickly.
LiveBTCNews12m ago
Analysis indicates that BTC and the US dollar are strengthening simultaneously, attracting market attention. The recent key resistance level may be at $74,000.
Bitcoin price approaches the key resistance level of $74,000, with a total increase of over 10%. This rally occurs amid a decline in global stock market risk appetite and a strengthening dollar, with the dollar index rising over 1% this week to reach last year's high. The relationship between Bitcoin and the dollar has recently shown a trend of synchronized fluctuations.
GateNews21m ago
