[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

[@laevitas1](/creator/twitter/laevitas1)
"Global options market remains overwhelmingly dominated by BTC which holds $52.91B in open interest accounting for about XX% of the total market. ETH ranks second with $15B representing about XX% of global OI. Together BTC & ETH make up nearly XX% of total options OI leaving less than X% shared among others such as SOL BTC_USDC ETH_USDC XRP &. BTC_USDC and ETH_USDC together account for only about XXXX% of total global options OI. Source: @Neda4_"  
[X Link](https://x.com/laevitas1/status/1980035210587869438) [@laevitas1](/creator/x/laevitas1) 2025-10-19T22:15Z 24.4K followers, 2374 engagements


"Over the past XX hours BTC and major crypto assets traded lower BTC XXXX% ETH XXXX% SOL XXXX% and BNB XXXX% marking BNB as the days weakest performer. BTC slipped below the $104k level now trading around $106.4k while ETH moved under $3.7k currently near $3.8k. BTC and ETH short-dated 25-delta Risk Reversals declined notably reflecting demand for downside protection. The 1-week 25-delta RR for BTC dropped to XXXX vols (a level last observed in late Mar 2025) while ETHs fell to XXXX vols (not seen since April 2025) Both have moved lower than Fridays sell-off readings. The negative RR indicate"  
[X Link](https://x.com/laevitas1/status/1979274028683612397) [@laevitas1](/creator/x/laevitas1) 2025-10-17T19:51Z 24.4K followers, 2123 engagements


"Market recovered modestly over the weekend with BTC rebounding from $104K to $111K (now $110.9K) and ETH climbing from $3.6K to $4K (now $3.9K). On Deribit the 1-week 25-delta Risk Reversal for BTC improved from XXXX vols on Friday to XXX vols today while ETHs 25-delta RR narrowed from XXXX vols to XXX vols signaling a clear softening in short-dated bearish sentiment and reduced demand for downside protection across both assets. Source:@Neda4_"  
[X Link](https://x.com/laevitas1/status/1980352666287915075) [@laevitas1](/creator/x/laevitas1) 2025-10-20T19:17Z 24.4K followers, 5882 engagements


"A series of BTC-31OCT25-130000-C trades appeared on Deribit visualized on the Options Scanner. The Options Scanner allows traders to visually track activity in the BTC and crypto options market. Trade bubbles shows the amount premium implied volatility and strategy type here a BTC-31OCT25-130K Long Call. In the last XX hours volume reached 2168 contracts ($331K) while open interest rose by 1629 contracts to 5379 (+43%). Source:@Neda4_"  
[X Link](https://x.com/laevitas1/status/1980748424044769471) [@laevitas1](/creator/x/laevitas1) 2025-10-21T21:29Z 24.4K followers, 4954 engagements


"BTC 1-week implied volatility saw a sharp spike on October XX surging from XX vols to XXXXX vols (one of the highest levels recorded YTD) a XXX% increase. It has since cooled to XXXXX vols. ETH 1W IV also surged to XXXXX vols (highest since Apr 2025) before easing to XXXXX vols. Source:@Neda4_"  
[X Link](https://x.com/laevitas1/status/1977350554184568864) [@laevitas1](/creator/x/laevitas1) 2025-10-12T12:28Z 24.4K followers, 2642 engagements


"On October XX ETH experienced a sharp decline to approximately $3.5K triggering a simultaneous surge in 1-week implied and realized volatility on Deribit. 1W Implied Volatility reached a peak of XXXX vol then started to decline after October XX. While realized volatility continued to climb reaching XXXX vol its highest level since May 2025. As the divergence intensifies VRP now stands at XXXX Source:@Neda4_"  
[X Link](https://x.com/laevitas1/status/1978544295603740879) [@laevitas1](/creator/x/laevitas1) 2025-10-15T19:31Z 24.4K followers, 2196 engagements


"Over the past XX hours BTC and major crypto assets drifted lower: BTC fell XXXX% ETH XXXX% SOL XXXX% and BNB XXXX% with SOL leading the decline while BNB remained relatively stable. The price drop led to nearly $XXX million in liquidations on centralized exchanges including around $335M from long positions. Long liquidations in BTC and ETH accounted for XXXX% and XXXXX% of total long liquidations respectively. Source:@Neda4_"  
[X Link](https://x.com/laevitas1/status/1978952388666101988) [@laevitas1](/creator/x/laevitas1) 2025-10-16T22:33Z 24.4K followers, 1874 engagements


"Over the past XX hours the Bear Put Spread emerged as a notable strategy in BTC options. Applying multi-leg option structures to roll positions reduce costs and manage vega and theta risk. Some examples: BTC-7NOV25 95k/106k P 1850x with a net premium of $2.2M. BTC-7NOV25 95k /105k P 2002x with a net premium of $2.23M"  
[X Link](https://x.com/laevitas1/status/1981090602407100571) [@laevitas1](/creator/x/laevitas1) 2025-10-22T20:09Z 24.4K followers, 1214 engagements


"A Bear Put Spread is a moderately bearish structure designed to profit from a controlled downside move. It involves buying a higher-strike put and selling a lower-strike put with the same expiry. The short leg helps reduce premium costs though it also caps profits once BTC falls below the lower strike creating a defined-risk defined-reward setup"  
[X Link](https://x.com/laevitas1/status/1981091585854230613) [@laevitas1](/creator/x/laevitas1) 2025-10-22T20:13Z 24.4K followers, 1055 engagements