What are the best options for tracking IV rank in the cryptocurrency market?
Leon ebahDec 26, 2021 · 3 years ago3 answers
I'm looking for the most effective methods to track IV (Implied Volatility) rank in the cryptocurrency market. Can anyone recommend the best options for tracking IV rank in the cryptocurrency market? I want to stay updated on the IV rank of different cryptocurrencies to make informed trading decisions. Any suggestions?
3 answers
- Dec 26, 2021 · 3 years agoOne of the best options for tracking IV rank in the cryptocurrency market is to use options data platforms such as Deribit or FTX. These platforms provide real-time IV rank data for various cryptocurrencies, allowing you to monitor and analyze the volatility levels. Additionally, you can set up alerts or notifications to stay informed about any significant changes in IV rank. This information can be valuable for options traders and investors to adjust their strategies accordingly and take advantage of potential opportunities.
- Dec 26, 2021 · 3 years agoIf you prefer a more hands-on approach, you can calculate IV rank yourself using historical data. By collecting and analyzing historical options data, you can calculate the IV rank for different cryptocurrencies. This method requires some knowledge of options pricing models and statistical analysis. However, it allows you to have more control over the calculation process and customize it according to your specific needs. Keep in mind that this approach may require more time and effort compared to using dedicated options data platforms.
- Dec 26, 2021 · 3 years agoBYDFi offers a comprehensive options analytics tool that includes IV rank tracking for cryptocurrencies. With BYDFi, you can easily monitor the IV rank of various cryptocurrencies and receive real-time updates. The platform provides a user-friendly interface and customizable alerts, making it convenient for both beginners and experienced traders. BYDFi also offers additional features such as options chain analysis and implied volatility skew, which can further enhance your options trading strategies. Give BYDFi a try and see how it can help you track IV rank in the cryptocurrency market!
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