Subject: Re: OT: Bitcoin FOMO
Now that IBIT has options theres a multitude of ways to speculate on up(or down)side
There is huge call skew(calls more expensive than puts, usually the other way around). Because BTC has no sales, earnings, or book value and no ability to value the asset. Only upside speculative potential, hence call skew.
Any option strategy would have to mitigate this high IV and skew.