Deribit executive: The current BTC volatility index is 47.08, and the implied volatility is below the level of 96.4% of the past year

ChainCatcher news, Deribit Asia Pacific Business Head Lin posted that the current Bitcoin Volatility Index (DVOL) is 47.08, which is in a low volatility range, with implied volatility below the level for 96.4% of the past year.

Lin stated that under the current market conditions, if investors choose to sell Bitcoin call options with a strike price of $98,000 at the end of May, they can achieve a 4.2% coin-based yield, with an annualized return of approximately 25.58%. Profit is realized if the BTC at expiration is below $102,000 (breakeven point).