Gate Research Institute: The oscillating low-volatility pattern continues, with increased demand for bullish spread options

According to ChainCatcher messages, based on observations from Gate Research Institute, approximately 2 billion USD worth of BTC and ETH options will undergo concentrated settlement this Friday. The implied volatility (IV) of BTC and ETH remains at 43% and 61% respectively, still within recent low ranges. Over the past week, the 25-Delta Skew for BTC and ETH has shown a trend of low-level recovery and negative convergence, with the most significant improvement in short-term (7D) options, reflecting a cooling demand for short-term downside protection. Meanwhile, a block trade involving the purchase of BTC-300126-100000-C has traded approximately 3,000 BTC, with a net premium expenditure of about 3.2 million USD, indicating that mainstream funds prefer to deploy bullish structured strategies above key support levels.

Gate has exclusively launched a convenient options trading tool — rolling out-of-the-money options products, which assist users in automatically and continuously selling options within a set period. Users can customize Delta/Strike selections, contract expiration dates (T+1/T+2/T+3), strike price execution methods, quantities, and optional take-profit and stop-loss parameters. The strategy will automatically open positions daily and seamlessly transition to the next period after expiration, enabling fully automated operation. This feature supports clear risk indicator displays, margin estimates, expected trading paths, and other auxiliary information to help users manage strategy execution more intuitively.