IBIT Options Price Trading Calmer Than Recent Past

Saxo Bank's analysis of options data from Sept. 23 found that IBIT's expected volatility is at its lowest point in 12 months.

The bank identified a significant difference between implied and realized volatility for BlackRock's iShares Bitcoin Trust (IBIT). Implied volatility, which reflects expectations of future price swings, stood at 37.4%. In contrast, realized volatility over the past 20 trading sessions through Tuesday was 45.5%.

Saxo investment and options strategist Koen Hoorelbeke noted that 'the options market appears to be pricing calmer conditions than the recent past produced.' He also identified potential resistance around $87,000, where Bitcoin's advance stalled on Sept. 21, and support between $76,000 and $77,000.