Matrixport Suggests Bitcoin Options Strategy Amid Volatility Decline

According to Odaily, Matrixport has released a chart indicating that despite Bitcoin's inherent volatility, its 30-day rolling return rate has shown that its price has remained within a ±20% fluctuation range over the past 18 months. The firm anticipates further reduction in volatility and recommends a strategy of selling options at the beginning of 2023. This includes selling out-of-the-money put and call options to generate additional income. Although this strategy may incur losses at times, it has generally performed well as overall volatility declines. With the introduction of Bitcoin ETF-related options, it is expected that more institutional participants will enter the market, further compressing volatility. Therefore, selling volatility remains a viable strategy for Bitcoin holders to earn extra income.