IBIT options price trading more calmly after Bitcoin rebound
Summary
Options on BlackRock’s iShares Bitcoin Trust (IBIT) are pricing in calmer price action than Bitcoin has recently shown. Saxo Bank’s Koen Hoorelbeke said IBIT implied volatility was 37.4%, below its 45.5% realized volatility over the prior 20 trading sessions. The implied volatility rank was 11.9, near the low end of its 12-month range, suggesting options traders expect smaller swings ahead. Hoorelbeke pointed to resistance near $87,000, where Bitcoin recently stalled, and support around $76,000–$77,000. Bitcoin was trading near $84,751, up 1.6% over 24 hours.
