I'm interested in finding out the implied volatility, or IV, of BITO options. This information is crucial for me to make informed decisions about my investment strategy, as IV can significantly impact the pricing and potential profits of options trades.
Implied volatility is a crucial indicator for market participants as it reflects the market's expectation of future price movements. Higher IV indicates greater uncertainty and potential for price swings, which can impact trading strategies and risk management.
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EnchantedSeekerSat Oct 12 2024
The BITO IV Percentile Rank currently stands at 48%, with an implied volatility (IV) of 54.4. This metric suggests that during the past year, the IV has been lower than its current level for 48% of the time.
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SaraSat Oct 12 2024
The significance of this percentile rank lies in its ability to provide insights into the historical context of the current IV level. It indicates that the current volatility levels are relatively high compared to the past year.
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MartinaSat Oct 12 2024
Furthermore, the current IV of 54.4 is 3.8% above its 20-day moving average, which stands at 52.4. This upward deviation suggests that implied volatility is trending higher and could potentially increase further in the NEAR future.
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LorenzoFri Oct 11 2024
Given the current trend of increasing implied volatility, investors and traders may need to adjust their positions and risk management practices accordingly. This could involve hedging strategies, adjusting stop-loss orders, or reassessing investment portfolios.