Bitcoin options volatility snaps back as hedging flows cluster around $82k
After Bitcoin pushed into the $82,000–$83,000 band, short‑dated implied volatility has bounced from late‑2025 lows, with a roughly $2 billion short‑gamma pocket around $82,000 turning dealer hedging into a potential amplifier of every move.After Bitcoin pushed into the $82,000–$83,000 band, short-dated implied volatility has rebounded sharply, with 1‑week IV up about 6 vol points from its October 2025 lows, signaling renewed demand for short-term optionality.Glassnode says the 25‑delta skew is compressing toward neutral and the volatility risk premium has flipped positive, meaning options now price higher future volatility than the spot market has recently realized and short-term bearish hedging demand has weakened.A roughly $2 billion short gamma cluster around $82,000 and heavy call‑selling (81% of past‑day flow) suggest dealer hedging could amplify near-term price swings even as positioning tilts toward consolidation rather than panic. On-chain analytics firm Glassnode notes that after Bitcoin (BTC) broke key resistance and traded into the $82,000–$83,000 area, options markets “snapped back to life,” with front-end implied volatility climbing meaningfully from cyclical lows. Studio data show at‑the‑money 1‑week implied volatility near 52% at the end of March, versus mid‑40s readings seen during the October 2025 lull, implying about a 6‑point rebound in short-dated IV as traders re-engage