Upside IV tells an interesting story. As price momentum began cooling from local highs, volatility sellers showed up right on cue, offloading call options to lock in yield during the shift. That's the classic play when bears take the wheel. Bottom line: it's putting a lid on how much upside we should realistically expect in the near term.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Upside IV tells an interesting story. As price momentum began cooling from local highs, volatility sellers showed up right on cue, offloading call options to lock in yield during the shift. That's the classic play when bears take the wheel. Bottom line: it's putting a lid on how much upside we should realistically expect in the near term.