• 10x Trading Signal
  • Posts
  • 10x Derivatives Edge - BTC and ETH - Options Analysis + Trade Ideas -> When Fear Is Priced, Not Direction

10x Derivatives Edge - BTC and ETH - Options Analysis + Trade Ideas -> When Fear Is Priced, Not Direction

Signals That Move Markets

Author

10x Research
February 02, 2026

Why this report matters

Volatility across crypto has repriced higher, but not into an outright “expensive vol” regime. For both Bitcoin and Ethereum, implied volatility is now very close to realized volatility, implying near-zero carry, and outright volatility selling or buying offers a limited edge. This places the market firmly in a relative-value regime, where skew, term structure, and cross-asset vol spreads dominate directional trades.

Trading Signals

Become a paying subscriber of Trading Signals to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

Sharper Analysis. Trusted Community. Confident Decisions:

  • • Everything in Market Updates and more:
  • • Real-Time Dashboard: Track Crypto and Crypto Stock Signals Instantly.
  • • Get 1–2 Backtested Trade Ideas per Week.
  • • Weekly Chart Book on Top Cryptocurrency Movers and What’s Driving Them.
  • • Important Trading alerts and risk factor analysis.