{"slug":"how-to-read-a-crypto-option-chain","qid":"proxy_iv","label":"proxy_iv","post_title":"how-to-read-a-crypto-option-chain","post_url":"/blog/lang/ta/how-to-read-a-crypto-option-chain#q-proxy_iv","columns":["symbol","iv_pct","contracts"],"rows":[{"symbol":"RIOT","iv_pct":80.3,"contracts":137},{"symbol":"MARA","iv_pct":79.8,"contracts":148},{"symbol":"MSTR","iv_pct":66.4,"contracts":388},{"symbol":"COIN","iv_pct":64.6,"contracts":379},{"symbol":"IBIT","iv_pct":36.6,"contracts":556},{"symbol":"QQQ","iv_pct":19.4,"contracts":3484},{"symbol":"SPY","iv_pct":13.7,"contracts":3727}],"shape":"ranking","sql":"SELECT\n    underlying_symbol                       AS symbol,\n    round(avg(implied_volatility) * 100, 1) AS iv_pct,\n    count()                                 AS contracts\nFROM global_markets.options_greeks\nWHERE underlying_symbol IN ('IBIT', 'COIN', 'MARA', 'MSTR', 'RIOT', 'SPY', 'QQQ')\n  AND date >= today() - 14\n  AND iv_converged = 1\n  AND volume > 0\n  AND days_to_expiry BETWEEN 20 AND 45\n  AND abs(toFloat64(strike_price) / toFloat64(underlying_close) - 1) < 0.05\nGROUP BY symbol\nHAVING count() >= 10\nORDER BY iv_pct DESC","computed_at":"2026-10-07T15:31:43.078129+00:00","elapsed":0.242392134}