Bitcoin Traders Bet on Price Rebound as Volatility Drops
• Bitcoin options look cheap as implied volatility drops below realized volatility
• Traders buying bullish bets - standalone calls at $45K and $46K strikes
• Implied volatility peaked with recent Bitcoin ETF launch, now under realized volatility
• Traders utilizing straddles to profit from expected volatility spike
• Bitcoin has dropped 15% since ETF debut, briefly falling below $41K