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Nov 5, 2019

TCR 37: Taking A Deep Dive Into Crypto Analytics with Skew

HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP

CRYPTO HOT SEAT SEGMENT

  • Guest:  Emmanuel Goh, co-founder of skew
  • It seems like a lot has happened since your last appearance on March 25. Congratulations on raising new funding. You also bought skew.com. 
  • What’s new on the analytics side?
  • What are the most popular analytics at skew these days? 
  • We have been using the platform for a while and we’re still finding new things. Tell us about the spreads tab, liquidity tab and the heatmaps.
  • Have you seen a big uptick in interest since the worm turned in Q1?
  • Is the insights tab coming soon?
  • Will you offer a premium version soon?
  • Is data the end game for profitability?
  • And more.

BITCOIN BREAKDOWN SEGMENT

  • QUIETER WEEK FOR CRYPTO - ALMOST UNCHD ON THE WEEK. DOWN ABOUT $65. ONLY ABOUT $450 RANGE

BTC VOLATILITY

  • 30 DAY REALIZED: UNCHD AT 75.5% 

BTC OPTIONS VOLUME ON DERIBIT

  • MILD VOLUME WEEK

OPTIONS TRADES OVER THE PAST WEEK

  • MARCH CALL VERTICAL?
  • MARCH 12000/16000 CALL SPREAD - PAPER BOUGHT?

BTC VOL TERM STRUCTURE

  • FAR LESS BACKWARD THAN LAST WEEK

BTC CALL/PUT RATIO

  • BACK UP TO 64.3% FROM 40% 
  • CALLS BACK IN CHARGE

BTC OPEN INTEREST

  • KEEPS GROWING
  • UP TO $555M FROM $514M 

CME BTC FUTURES

  • LIGHT VOLUME DAY/WEEK

THE ALTCOIN UNIVERSE SEGMENT

  • ETH:  UP $8 THIS WEEK
  • XRP - ALMOST EXACTLY UNCHD - WHAT’S NEXT IN THE SECURITIES CASE AGAINST RIPPLE OVER XRP
  • LTC - UP APPROX. $5 FROM LAST WEEK
  • BITCOIN CASH - DOWN APPROX. $25 FROM LAST WEEK

CRYPTO QUESTIONS SEGMENT

  • QUESTION FROM ELLIOT: Does skew offer metrics from bitmex options or only deribit?
  • QUESTION FROM BGTFG: Does sk3w have bakkt data?
  • QUESTION FROM TALSO: Best place for altcoin stats and analytics?
  • QUESTION FROM 560L: If bitcoin eventually becomes the alternate currency that everyone hopes do you think the skew will line up like the S&P 500 skew? Funds will sell calls and buy puts in large numbers. Thank you for this fine program. We need more content on crypto derivatives out there.