Gate Research Institute: Crude oil and gold volatility indices hit new highs since 2021, driven by bullish sentiment in the cryptocurrency options market According to Gate Research Institute, BTC IV is about 54% and ETH IV is about 75%, both at relatively high levels in the past year; The volatility indices of gold and crude oil are about 33% and 108% respectively, reaching new highs since 2021. BTC Skew still maintains a negative range, with put option premiums dominating but hedging demand easing. GEX formed a significant positive Gamma peak near its expiration date on March 27th, and the short-term price may be affected by the Gamma magnetic attraction effect, causing fluctuations to converge. The maximum 24-hour bulk trading is a long option strategy, with a BTC bull market spread of approximately 1000 BTC and an ETH risk reversal structure of approximately 8500 ETH. Gate has officially launched gold and crude oil options, ushering in a new era of multi asset option trading. On the basis of the original 11 types of encrypted asset options, the platform introduces traditional asset targets for the first time, providing users with more opportunities for cross market volatility trading. Gold option symbol XAUT, crude oil option symbol XTI. Against the backdrop of intensified global macro volatility, gold and crude oil, as core commodity assets, provide traders with new volatility trading and risk management tools through their options.