BTC Option-Selling Desk Delta Exchange edition · v1

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Market & Vol Regime

ATM IV (nearest serious expiry)
HV20 (realized, daily)
IV / HV ratio
Expected move to expiry (1σ)
Funding (8h, Binance perp)

Risk Gate — should you be selling vol today?

BGTC upside prob (24h)
BGTC vol amplification (24h)
Fear & Greed
Vol-risk premium edge
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Desk Notes — today's market, in plain English

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Trading Clock — when BTC sleeps and when it roars (2015–2026 study, post-ETF era)

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00 UTC06121823 UTC

Buyer's Radar — when paying premium is statistically justified (backtested vs real Deribit IV, post-ETF)

DVOL (BTC 30d implied vol index)
Shock day (|move| > 2.5× normal)
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Seller's Compass — directional premium selling, regime by regime (894 days backtested at real DVOL; put-side edge only)

Trend (MA100) & drawdown from 90d high
Perp funding regime (7d avg, 180d percentile)
RSI(14) — anti-signal gate
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Daily Desk — the 1DTE seller's calendar & clock (998 daily expiries backtested at real DVOL; settles 12:00 UTC / 5:30 PM IST)

Next daily expiry (12:00 UTC window)
Hours to expiry / entry-clock advice
Live 1-day ATM IV vs DVOL (edge already priced?)
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Short Strangle Builder (delta-targeted)

Sell PUT
Sell CALL
Total credit
Breakevens
Approx POP (1 − Σ|Δ|)
Est. margin (Delta Ex. heuristic)
Return on margin to expiry
Credit / Expected-move ratio

Option Chain — IV & Δ solved locally (Black-76 on Deribit marks)

Call mark $Call IVCall ΔCall OI Strike Put OIPut ΔPut IVPut mark $
Method. Chain marks from Deribit public API (1 call); IV inverted from mark via Black-76 bisection; deltas analytic. Deribit IV transfers to Delta Exchange BTC options to within typical spread (same underlying, arb-linked), but always check Delta's own quote before firing. POP is the delta approximation (risk-neutral, ignores skew drift). Margin heuristic: max(15% × spot − OTM distance, 7.5% × spot) + premium, per leg, strangle benefit 50% on the cheaper leg — verify in Delta's margin calculator. Not financial advice. Short strangles carry unlimited risk; size so a 3σ move doesn't end your account.