Bitcoin IV drops across all maturities, with 1M at 41.5% below 3M, signaling crypto market normalization and reduced urgency in BTC options pricing.

Glassnode reports volatility spread back to ~0 after recent moves, with options fairly priced amid Bitcoin market uncertainty.

According to @KobeissiLetter, Nvidia reports earnings on Wednesday and options are implying a plus or minus 7.5 percent move in NVDA shares (source: @KobeissiLetter). According to @KobeissiLetter, with a 4.6 trillion dollar market capitalization, that translates to an estimated 345 billion dollar swing in market value (source: @KobeissiLetter). According to @KobeissiLetter, this swing is larger than the entire market cap of all but 33 public companies worldwide, signaling a big week ahead for traders (source: @KobeissiLetter).