Tracking the BTCW expected move helps you see how far WisdomTree Bitcoin Fund's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. WisdomTree Bitcoin Fund'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 BTCW 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 BTCW, 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 BTCW 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 WisdomTree Bitcoin Fund is unlikely to go.
In seeking to achieve its investment objective, the trust will hold bitcoin and will value its shares daily based on the value of bitcoin as reflected by the CME CF Bitcoin Reference Rate – New York Variant (the “Reference Rate”), which is an independently calculated value based on an aggregation of executed trade flow of major bitcoin spot platforms.
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 BTCW expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The WisdomTree Bitcoin Fund 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 BTCW.
