Introduction DeFi options have failed to take off....Furthermore, market makers buying these options from DOVs capture an easy spread by selling options and...leader for options DEXs....Filling a Gap in the Options Market CEXs currently dominate the options market, with little demand and...DeFi options have failed to take off.

...the option price....The reading for vega is positive for option buyers and negative for option sellers....of the options contracts....commences, buying that option at seven days out (a 28 day option)....same five options....When it comes to crypto options, Deribit reigns supreme.

Problems with On-Chain Options and Zeta’s Answer A few option DEXs have been built out in recent years...Full collateralization of options – Most options platforms require full collateralization when selling...Scenario A: Options Chad buys 10 contracts of SOL $40 LONG CALL for $8 each and pays $80 Options Chad...

The DeFi options market is very young and cumulatively has less than $200m in total value locked....relationship has developed between Ribbon Finance, a structured product provider, and Opyn, an on-chain options...These two protocols account for over $100 million in TVL and $90m worth of on-chain options volume weekly...

DOVs sell out-of-the-money options as the goal is to minimize the risk of the option expiring in-the-money...downward at a parabolic rate, the option holder will exercise the put option to sell their assets....When an option expires in-the-money, there are two ways to exercise the option: physical settlement and...of option sales.

Option Skews Don’t Look Too Hot Implied volatility for near-term options are skewed towards puts, indicating...Option expiries slightly further out at the end of the year (Jan. – Feb. 2022) are less skewed, indicating...A tweet by options exchange Deribit also stated that most option premiums have been from call writing...

The Inner Workings of DeFi Option Vaults (DOVs) [Excerpt from a Delphi Pro Report] Decentralized Option...DOVs sell out-of-the-money options as the goal is to minimize the risk of the option expiring in-the-money...to sell more options in the next cycle....Therefore, the option writer is exposed to the underlying asset’s price movement.

Option Vaults Drop in TVL and Performance in January TVL in option protocols has dropped across the...and a “flight to safety” amid the market volatility, causing investors to withdraw capital from risky option...SQUEETH Trading Volume Opyn’s growth in TVL was an outlier to other options protocols.

...that hardly seems to be the case; its latest move could be explained by a lack of trading activity on options...Near-Term Options Skews Don’t Inspire Hope BTC’s market price was roughly $57K when this data snapshot...

Volatility Ticking Up Implied volatility for short-term options is beginning to increase again, which...means the cost of buying these options is going up too....In our ETH market report, we noted that options seemed cheap and could be a capital efficient (but risky...

Key Takeaways Monthly options for BTC and ETH are set to expire tomorrow at 8 AM UTC (4 AM EST)....majority of calls expiring this month will expire worthless, which could prompt fresh purchases for June’s options...Monthly BTC options expire tomorrow, ETH data suggests fundamentals are sound.

...would imply a confirmation of BTC’s head and shoulders pattern we’ve been noting recently. 42.6% of Option...OI Wiped Out on June Expiry At the end of every month, when options expire, open interest reduces by...Not every option holder rolls their position over to the next month’s contract, so this is very much...

 Hegic announced the V1 launch of its protocol, which allows users to buy or sell American put/call options...In that report, we also highlighted Opyn, a similar on-chain options protocol....What differentiates Hegic though, is how it writes (sells) options by implementing liquidity pools....How will prices compare to other options exchanges?

Key Takeaways Implied volatility for various durations of BTC options have fallen over the past week..., indicating cheaper options across the board (good for buyers, bad for sellers)....It’s an output from the Black Scholes equation that measures the assumed volatility an option is being...

The Speculators are Back Just two days after we noted a large increase in BTC option volume and open...Barrage of Call Option Purchases The whale call buyer from Monday is back, and this time they’re buying...The buyer bought over $50 million in options, executing the trade in multiple clips of 75-100 BTC.

Options Recover Post Rally Open interest for BTC options is on the rise again, increasing by over $2B...But with Sept. options expiring, and with the market in a tight spot, it took longer than usual for that...Options Skew Signals Optimism Option skews help us establish a rough base for forward-looking market...

[pdf-embedder url=”http://cdn.delphidigital.io/uploads/2020/07/Macro-_Option-on-Digital-Gold_-Proving-It-Can-Walk-the-Walk-7-8-2019.pdf” title=”Macro – _Option on Digital Gold_ Proving It Can Walk the...

Chart of The Day: ETH Options Skew Towards Puts Options traders are seemingly bearish for ETH in the...BTC options traders seem to be undecided on where the market will head in the near term....Chart of The Day: ETH Options Skew Towards Puts Options traders are seemingly bearish for ETH in the...

Introduction Crypto derivatives refer to financial contracts, such as futures and options, that derive...Crypto derivatives refer to financial contracts, such as futures and options, that derive their value...

Its blend of community and scalability makes it an increasingly attractive option for NFT enthusiasts...This January, Tensor announced a new feature called “Price Lock,” which are essentially NFT options that...Metaplex has introduced inscriptions as an alternative to this, providing an immutable and fully on-chain option...