Reset implied volatility with sharp swings creates negative volatility risk #premium 📉⚡️. Normally positive to compensate traders for spike risk, but now shorts can't monetize 📊💼. Implied volatility below realized, options pricing smaller moves than delivered 👀. Favors long gamma since swings exceed implied price 🎯💰. #crypto
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Reset implied volatility with sharp swings creates negative volatility risk #premium 📉⚡️. Normally positive to compensate traders for spike risk, but now shorts can't monetize 📊💼. Implied volatility below realized, options pricing smaller moves than delivered 👀. Favors long gamma since swings exceed implied price 🎯💰. #crypto