ChainCatcher news, according to CoinDesk, the Bitcoin options market shows increased institutional confidence. Data from the Deribit exchange indicates that institutions have ramped up bullish bets through BTC options over the past week.Traders have concentrated on buying call options with a strike price of $110,000 expiring in June/July, and have established a calendar spread with call options expiring in September at $140,000 and December at $170,000, suggesting that the market expects BTC prices may further climb to $140,000.CoinDesk data shows that BTC broke through $104,000 on May 9, rebounding nearly 40% from the early April low, primarily driven by favorable UK-US trade agreements and continued capital inflows into spot ETFs.Ethereum also performed strongly during the same period, with ETH prices rising 30% to $2,411 within two days. There has been a surge in demand for June-expiring $2,400 call options and long call spread contracts betting on $2,600-$2,800 price levels on Deribit. Deribit noted that institutional position adjustments indicate that market bullish sentiment towards mainstream crypto assets is strengthening.

ChainCatcher news, QCP Capital's latest analysis indicates that the global market is digesting the impact of the adjustment in the Federal Reserve's interest rate cut expectations. The 10-year U.S. Treasury yield surged to its highest level since the end of 2023 at 4.8%, with the market not expecting any rate cuts until at least October. Stock index futures opened down 1.5%, causing Bitcoin to briefly drop below $90,000, before rebounding to above $95,000.QCP Capital expects that the upcoming PPI and CPI data may present upward risks. The market is adapting to the reality of a prolonged high-interest-rate environment, with some investors even considering the possibility of rate hikes. The Bitcoin options market shows cautious sentiment, with investors rolling over put options below the $90,000 support level, while near-month volatility and butterfly spreads remain elevated, and the VIX index stays at 18.68, suggesting that market volatility may persist into January.The report also notes that Trump may sign an executive order on his first day in office to address the issue of "de-banking" and repeal the controversial cryptocurrency accounting policy, which could bring positive catalysts to the market.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on platform X stating that the current pricing of the Bitcoin options market is between $68,000 and $95,000 for the end of the year BTC price.

ChainCatcher news reports that an institution executed a $25 million hedge trade in the on-chain Bitcoin options market on Derive, betting that Bitcoin will continue to rise after the U.S. elections on November 5. This trade involves a bullish options strategy, aiming for Bitcoin to reach $80,000 before November 29, making it the largest on-chain options trade related to the U.S. elections to date.The institution purchased 100 call options with a strike price of $70,000, while selling 200 call options at $80,000 and 100 put options at $50,000, all set to expire on November 29.Nick Forster, co-founder of Derive, stated that this trade demonstrates the flexibility and scalability of on-chain options trading. If Bitcoin reaches $80,000 by November 29, this strategy could yield a profit of $1.02 million. Derive currently accounts for 32% of the total volume in decentralized exchange options trading, but the scale of the on-chain options market remains relatively small compared to centralized platforms like Deribit.

ChainCatcher news, according to CryptoSlate, the 25 Delta Skew in the Bitcoin options market has been highly volatile over the past few months. The weekly 25 Delta Skew metric on Deribit tracks the difference in implied volatility between 25 Delta put options and 25 Delta call options, and this metric has shown significant fluctuations. Since January, this skew has ranged from a low of around -15% to a high of over 15%, highlighting the changing sentiment of options traders and the market's perception of risk.Recent data shows that the skew has surged sharply due to the current correction in Bitcoin. This volatility often reflects a shift in traders' outlook between bearish and bullish scenarios.It is reported that the 25 Delta Skew refers to the implied volatility difference between put options with a delta of -25% and call options with a delta of 25%, indicating a disparity in market views on implied volatility. The calculation of the 25 Delta Skew is the difference between the implied volatility of 25 delta put options and the implied volatility of 25 delta call options, normalized by the ATM implied volatility. This metric focuses on options contracts that expire in one week.

ChainCatcher news, May 15, Greeks.live macro researcher Adam posted on the X platform that the recently released CPI data has attracted significant attention. Although the results met expectations, the cryptocurrency market still experienced substantial volatility, with Bitcoin rising 4% to $64,000, and the current major pain point at $62,000, as some short-term sellers entered the hedging range.The options market reacted noticeably, with implied volatility (IV) for all major maturities quickly rising to new highs for the month. The recent lackluster market caused major maturity options to drop to new lows since the Spring Festival, making the cost-effectiveness for buyers extremely high. Recently, every event-driven opportunity is worth buying options.Meanwhile, ETH appears slightly weak, with the ETH/BTC exchange rate hitting a new low, suggesting opportunities in cross-asset options trading.

ChainCatcher news, Greeks.Live researcher Adam posted on social media that this bull market is a very typical spot bull market. Even in the current atmosphere of extreme FOMO, the implied volatility (IV) of the main expirations has not even reached recent highs. The level of 60% is considered high in the market over the past year, but compared to the previous bull market at this stage, the main expiration IV should have already surpassed 90%.Although the IV is on a long-term downward trend, the current FOMO sentiment still cannot drive the IV to take off, which is a very positive phenomenon for the options market. The Bitcoin options market has already matured.