Volatility took a breather today. The trading range today was $232 to $238 with below average volume throughout the trading day. $230 seems likely to hold, and a relief rally to $245-$250 could happen at a moments notice.
Sell XBTJ15 and buy spot. The contract is trading at a $3 premium over spot which equates to an implied volatility of 143%. Current realised 30 day volatility is 49%.
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Case Study: Using Bitcoin Derivatives in Global Trade (BitMEX Blog)
Indian IT Giant Infosys Planning to Incorporate Bitcoin Technology (NewsBTC)
Charities Seek Donations in Bitcoin (WSJ)