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Market intelligence analysis

HYPE Call Skew Strengthens Across Multiple Option Tenors

Derivasys reports a sharp rise in HYPE’s one-month risk reversal, with separate observations showing similar call-side repricing in weekly and two-week options. Together, the signals indicate a notable shift in relative wing pricing across several maturities, without establishing its cause or durability.

Published Observed
HYPE

01

Call-side repricing spans several maturities

The one-month risk reversal rose sharply, leaving call implied volatility above put implied volatility. Separately approved observations show the same call-side direction in the one-week and two-week risk reversals. The pattern across these maturities suggests the repricing was not confined to a single tenor, though the observations do not establish how broadly it extends across HYPE’s options surface.

EvidenceDerivasys: HYPE 1M RR25 roseDerivasys: HYPE 1W RR25 roseDerivasys: HYPE 2W RR25 rose

02

A relative pricing signal, not a directional forecast

Risk reversal compares implied volatility for call and put wings. Its rise indicates calls became richer relative to puts at the cited maturities; it does not by itself show that options broadly became more expensive or establish an expected direction for HYPE. The supplied observations also do not identify a cause or show whether this relative premium will persist.

EvidenceDerivasys: HYPE 1M RR25 roseDerivasys: HYPE 1W RR25 roseDerivasys: HYPE 2W RR25 rose

Measurements

Original measurements.

  • HYPE 1M RR25 changed +2.39 volatility points.

Evidence

Sources.

  1. HYPE 1M RR25 roseDerivasys

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  2. HYPE 1W RR25 roseDerivasys

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  3. HYPE 2W RR25 roseDerivasys

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