BTC Implied Volatility and Skew : 11 June 2018

Below are the observations:

1. Implied volatility for call options is higher than of put options
2. In general implied volatilities are lower for 18 days expiry options then for 4 days expiry options
3. And implied volatility curves show typical smiley behavior

It is suggestive that options player on deribit are expecting price reversal in short term but paying higher premium to protect their positions but for long term the volatility expectations are lower.

For Details about it pls refer to first post on this topic BTC implied Volatility Skew and Ratio - A good Indicator

Below is the simple TA for BTC

for near term this also shows that buying pressure is more now than selling pressure but for any long term secular uptrend - BTC has to convincingly trade above 10000USD.

Note - I do this as part of my interest and hobby. It should not be considered as any kind of advice.