Bitcoin options traders face premium ahead of Fed decision that may fade post-announcement

According to Laevitas data from Oct. 26, Bitcoin's seven-day implied volatility stood at 36.1% versus 26.9% realized volatility, creating a 9.2-point premium for option buyers. The 30-day 25-delta skew was near its median at minus 4.64 volatility points. Traders holding positions through the Federal Reserve's October decision face the risk that time decay and potential volatility compression reduce option value if Bitcoin does not move sufficiently to offset the premium.