Tracking the BITB expected move helps you see how far Bitwise Bitcoin ETF's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Bitwise Bitcoin ETF's expected move is derived directly from option premiums and gives you an objective range to plan trades, set strikes, and manage risk. Use our scanner to monitor the BITB expected move for this week's options, in real time.
The expected move is typically calculated from at-the-money straddle prices (or a blend of straddles and strangles) and represents roughly a one-standard-deviation range over the chosen timeframe. For BITB, comparing the implied expected move to actual realized moves over similar windows tells you whether the options market has historically overestimated or underestimated volatility. The BITB expected move for this week's options pricing is especially useful for short-dated traders, earnings players, and anyone selling premium who needs to know where the market thinks Bitwise Bitcoin ETF is unlikely to go.
In seeking to achieve its investment objective, the trust will hold bitcoin and accrue the sponsor’s management fee (the “Sponsor Fee”) in U.S. dollars. The trust will value its bitcoin holdings, net assets and the shares daily based on the BRRNY. It is passively managed and does not pursue active management investment strategies, and the Sponsor does not actively manage the bitcoin held by the trust.
Iron condors, weekly premium sales, directional swing trades — they all live or die by where the market thinks the stock won't go. Our scanner tracks the BITB expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Bitwise Bitcoin ETF expected move for this week's options is the fastest read on short-term risk, which gives you a quick way to interpret what the options market thinks about BITB.
