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Daily SOL options market report · 24-hour comparison

Solana options show lower 1w ATM IV

SOL spot rose 1.19%; Skew moved toward calls (+0.63 vol points); Wing premium increased (+0.43 vol points).

By Sean Gordon — Derivasys Research

Published

Snapshot data and comparison

Snapshot · 31 Oct 2026, 17:31 UTC

Generated timestamp:

Scheduled edition reference: 2026-10-31 17:31:00 UTC. Native observations below retain their actual fit times.

Report comparison baseline → current snapshot
2026-10-30 17:31:00 UTC → 2026-10-31 17:31:00 UTC
Report native fit age at scheduled reference
0 minutes

Changes use these stored market-snapshot baselines. The comparison baseline may differ from the snapshot used in the previous published edition.

  • SOLSpot-index 24h +1.19%1W ATM IV 64.07%1W RR25 -4.77 vol pts1W BF25 +1.78 vol pts1W IV − 7D RV +7.25 vol pts

Notable move: SOL 1W ATM IV Δ -5.57 vol pts → 64.07% · percentile rank 87.7% by absolute move · 1-day moves · full history (n=57).

1W ATM IV – selected tenor
Percent

1W ATM IV – selected tenor. Percent. SOL: Current 64.07, Previous 69.64.CurrentPreviousSOL64.0769.640.0037.6175.21

Current: 31 Oct 2026, 17:31 UTC
Previous: 30 Oct 2026, 17:31 UTC

Solana options show lower 1w ATM IV. ATM implied-volatility term structure from Derivasys data.
Source: Derivasys options data. ATM implied-volatility; unsupported tenors remain blank. Cite this report.

View full-size chart

Plotted chart data
ATM IV, percent · 2026-10-31T17:31:00+00:00
TenorSOL currentSOL previous
1W64.0769.64
2W61.5165.01
1M57.1758.32
3MUnavailableUnavailable
6MUnavailableUnavailable
9MUnavailableUnavailable
1YUnavailableUnavailable

The 1W ATM IV change for SOL was -5.57 volatility points over the stored comparison. No news item was selected for this report date.

Chart download and reuse termsDownload 1280 × 720 chart · Reuse terms
Previous report, watch levels and methodology

Uses the stored headline’s selected tenor. Cutoffs 30 Oct, 17:31 UTC to 31 Oct, 17:31 UTC.

Previous publication · research context

2026-10-30: “Solana options show higher 1w ATM IV”

Previous publication cutoff 30 Oct, 17:31 UTC. Today’s market comparison starts at 30 Oct, 17:31 UTC. Snapshot clocks align for the measured comparison below.

Previous publication JSON · SHA-256 b3fac07d48eb756c60517ac542f9d34d2d51cf670981c5fb5d293f094224a4d7

Prior watch: measured outcome

Against the 2026-10-30 daily edition.

  • SOL 1W ATM IV: prior change +16.02 → current change -5.57 volatility points; direction reversed.
  • SOL spot-index return: prior change -6.88 → current change +1.19 percent; direction reversed.
  • SOL 1W RR25: prior change -4.34 → current change +0.63 volatility points; direction reversed.
  • SOL 1W BF25: prior change -0.03 → current change +0.43 volatility points; direction reversed.
  • SOL 1W ATM IV ≥ 69.64 percent (hold the observed endpoint) at 31 Oct, 17:31 UTC: not met (observed 64.07 percent).
  • SOL 1W ATM IV ≤ 53.62 percent (full retrace to the prior endpoint) at 31 Oct, 17:31 UTC: not met (observed 64.07 percent).

Next daily cutoff: measurable checks

  • Hold the observed level: SOL 1W ATM IV ≤ 64.07 percent at . Current level 64.07; threshold is the current observed endpoint.
  • Full retrace: SOL 1W ATM IV ≥ 69.64 percent at . Current level 64.07; threshold is the previous observed endpoint.
Measurement basis and receipt

These are observed-level conditions for the next aligned cutoff, with no forecast or trade action. Spot uses exact index endpoints where available; ATM IV is quoted in percent and its change, RR25 and BF25 in volatility points. Stored editorial receipt independently reconstructed against native endpoints.

Canonical current report JSON · SHA-256 b6ca650170ac952812b544650480e38d76659933f7c1a7b37e643e5d3a545553

Prior artifact: /v1/sol/daily/2026-10-30/b3fac07d48eb756c60517ac542f9d34d2d51cf670981c5fb5d293f094224a4d7.json · SHA-256 b3fac07d48eb756c60517ac542f9d34d2d51cf670981c5fb5d293f094224a4d7

Consumed endpoint proof: 4b440661eca5c666911c971c424ff3335d1ffde940c04f6f77f0e2a9c6e5df4f

  • SOL:atmIv:1W:observed-current-level: rows[asset=SOL].report.tenors[tenor=1W].atmIv.previous; rows[asset=SOL].report.tenors[tenor=1W].atmIv.current; rows[asset=SOL].report.tenors[tenor=1W].atmIv.change; evaluation window 2026-10-31T17:31:00+00:00 to 2026-11-01T17:31:00+00:00.
  • SOL:atmIv:1W:observed-previous-level: rows[asset=SOL].report.tenors[tenor=1W].atmIv.previous; rows[asset=SOL].report.tenors[tenor=1W].atmIv.current; rows[asset=SOL].report.tenors[tenor=1W].atmIv.change; evaluation window 2026-10-31T17:31:00+00:00 to 2026-11-01T17:31:00+00:00.
Chart notes

02 · Options market read

What the volatility surface did.

3 of 6 headline tenors were comparable at both endpoints. The largest ATM IV move was 1W at -5.57 volatility points, to 64.07%.

Derived directly from structured Derivasys surface data

03 · Catalyst check

30 Oct 2026, 17:31 UTC to 31 Oct 2026, 17:31 UTC

No catalyst assigned.

No qualifying context was found in the monitored news sources for this reporting window.

04 · Detailed analysis

What changed across the SOL volatility surface.

Implied versus realised

At the 17:31 UTC cutoff, 1W ATM IV was 64.07%, 7.25 volatility points above seven-day realised volatility of 56.82%; 24-hour realised volatility was 39.93% and 30-day realised volatility was 55.02%.

Front end

Front-end ATM IV decreased, averaging -3.41 volatility points to 60.92% across 1W, 2W and 1M.

Long end

Long-dated ATM IV is unavailable because comparable observations were not present at both snapshots.

Skew

RR25 moved towards calls, averaging +0.79 volatility points to -3.68 volatility points across the three available headline tenors.

Convexity

BF25 increased, averaging +0.39 volatility points to 1.88 volatility points across the three available headline tenors.

Largest standard-tenor move

The largest standard-tenor ATM IV move was -5.57 volatility points at 1W, to 64.07%.

24h spot-index return

SOL spot-index return was +1.19% over 24 hours.

7d spot-index return

SOL spot-index return was -4.35% over seven days.

Universe roll: added 2NOV26; removed 31OCT26. Comparisons use common expiries only.

05 · Standard-tenor ranking

Largest surface events

01

Largest standard-tenor ATM IV move

1W, -5.57 vol pts
02

Largest eligible smile rotation

13NOV26, +1.97 vol pts
03

Largest standard-tenor RR25 move

2W, +1.10 vol pts
04

Largest eligible SVI sigma move

6NOV26, -0.5472 param
05

Largest standard-tenor BF25 move

2W, +0.49 vol pts
06

Largest eligible SVI rho move

27NOV26, -0.3452 param

06 · ATM volatility

Standard-tenor ATM implied volatility.

TenorCurrent (vol %)Comparison snapshot (vol %)Change (vol pts)Relative change
1W64.0769.64-5.57 vol pts-8.00%
2W61.5165.01-3.50 vol pts-5.38%
1M57.1758.32-1.15 vol pts-1.97%
3MUnavailableUnavailableUnavailableUnavailable
6MUnavailableUnavailableUnavailableUnavailable
9MUnavailableUnavailableUnavailableUnavailable
1YUnavailableUnavailableUnavailableUnavailable

Source: Derivasys Research — structured data

07 · Risk reversals

RR25 skew moved most at 2W.

RR25 moved towards calls, averaging +0.79 volatility points to -3.68 volatility points across the three available headline tenors. Negative RR25 denotes a richer 25-delta put wing under the call-minus-put convention.

-5.7 vol pts-4.9 vol pts-4.1 vol pts-3.3 vol pts-2.5 vol pts1W2W1M
TenorCurrent (vol pts)Comparison snapshot (vol pts)Change (vol pts)
1W-4.77-5.40+0.63 vol pts
2W-3.50-4.60+1.10 vol pts
1M-2.78-3.43+0.65 vol pts
3MUnavailableUnavailableUnavailable
6MUnavailableUnavailableUnavailable
9MUnavailableUnavailableUnavailable
1YUnavailableUnavailableUnavailable

Source: Derivasys Research — structured data

08 · Butterflies

BF25 convexity by standard tenor.

BF25 increased, averaging +0.39 volatility points to 1.88 volatility points across the three available headline tenors. BF25 measures the average 25-delta wing premium over ATM IV.

1.2 vol pts1.4 vol pts1.6 vol pts1.9 vol pts2.1 vol pts1W2W1M
TenorCurrent (vol pts)Comparison snapshot (vol pts)Change (vol pts)
1W1.781.35+0.43 vol pts
2W1.951.46+0.49 vol pts
1M1.911.65+0.26 vol pts
3MUnavailableUnavailableUnavailable
6MUnavailableUnavailableUnavailable
9MUnavailableUnavailableUnavailable
1YUnavailableUnavailableUnavailable

Source: Derivasys Research — structured data

09 · Volatility term structure

Today against the previous 24-hour snapshot.

Only fixed tenors bracketed by listed expiries at both snapshots are charted. The listed-expiry table preserves the observable exchange maturities underneath those interpolated points.

55.7%59.5%63.4%67.3%71.1%1W2W1M

Suppressed outside the observable listed-expiry range: 3M, 6M, 9M, 1Y.

ExpiryTime leftForward now (USD)Forward change (USD)ATM IV nowATM IV changeRR25 changeBF25 change
6NOV265.6 days95.87+1.01 USD65.02%-5.13 vol pts+0.07 vol pts+0.33 vol pts
13NOV2612.6 days95.94+1.03 USD62.34%-3.01 vol pts+1.06 vol pts+0.51 vol pts
27NOV2626.6 days96.01+0.92 USD57.82%-1.12 vol pts+0.61 vol pts+0.27 vol pts
25DEC2654.6 days96+0.67 USD54.80%-0.13 vol pts+0.29 vol pts+0.23 vol pts

10 · Smile movement

Reconstructed SVI smiles for every common expiry.

Each overlay uses the stored five-parameter SVI fit and the snapshot-specific time to expiry. Ultra-short expiries are displayed but do not determine the headline ranking.

6NOV26rotation towards puts · wing steepening
-0.30k0.00k+0.30k
13NOV26rotation towards calls · wing steepening
-0.30k0.00k+0.30k
27NOV26wing steepening
-0.30k0.00k+0.30k
25DEC26limited movement
-0.30k0.00k+0.30k

Surface movement heatmap

Each cell is the fitted IV change in volatility points. Rows are listed expiries; columns run from the put wing through ATM to the call wing.

Completed-session cross-asset context

Crypto volatility against US equity risk.

SOL 30-day implied volatility was 3.0 times VIX, while its 30-session return correlation with SPX was mixed at 0.74.

Implied-volatility premium

SOL 30-day ATM IV was 58.13%, against VIX at 19.42: a 38.71-point spread and 2.99× ratio.

Daily-close realised-volatility regime

SOL reported crypto realised volatility was 45.75%, versus SPX reported realised volatility of 11.78%. The spread ranked at percentile rank 23.0% of 261 prior observations.

Equity co-movement

Return correlation with SPX was 0.735 over 30 aligned sessions and 0.491 over 60 sessions. VIX9D, VIX and VIX3M closed at 19.25, 19.42 and 20.78.

RV comparison basis unverified: this edition does not record the recognised provider methodology for both horizons and annualisation conventions. The displayed spread rank does not establish matched-horizon comparability.

As of 30 Oct 2026, 20:00 UTC. Implied volatility and completed-session realised volatility use their respective observation windows shown above.

Evidence and methodology

market-context-v1

RV observation windows and sampling

The 24-hour, seven-day and 30-day RV windows are assessed independently using observed one-minute index returns, annualised on a 365-day basis. Recorded minimums: at least 99.5% coverage over 24 hours, 99.5% coverage over seven days, 99.5% coverage over 30 days, with no gap longer than 60 minutes. Returns spanning gaps are excluded, not interpolated; unavailable windows remain unreported. The exact 24-hour spot return requires prices at both endpoints.

Evidence, source data and methodology

Scheduled edition reference: 2026-10-31 17:31:00 UTC. Native observations below retain their actual fit times.

Report comparison baseline → current snapshot
2026-10-30 17:31:00 UTC → 2026-10-31 17:31:00 UTC
Report native fit age at scheduled reference
0 minutes

Changes use these stored market-snapshot baselines. The comparison baseline may differ from the snapshot used in the previous published edition.

Lead signal · 31 Oct 2026, 17:31 UTC

The measurement behind the lead chart

SOL 1W ATM IV 64.07% · Δ -5.57 vol pts

SOL percentile rank 87.7% by absolute move · full history (n=57); 1-day moves sampled daily UTC; 2026-08-28 to 2026-10-30

Original report summary

SOL 1W ATM IV is 64.07 percent, compared with 69.64 percent at the prior cutoff. The diary separates sourced context from measured market changes; the timing of an event alone does not establish a causal link.

At report cutoff · Levels and stored endpoint changes

What matters now

Vol: SOL 1W ATM IV 64.07% · Δ -5.57 vol pts

Skew: SOL 1W RR25 -4.77 vol pts · Δ +0.63 vol pts

Relative value: SOL 1W IV 64.07% / 7D RV 56.82% · spread +7.25 vol pts

Vol

SOL 1W ATM IV 64.07% · Δ -5.57 vol ptspercentile rank 87.7% by absolute move · full history (n=57); 1-day moves sampled daily UTC; 2026-08-28 to 2026-10-30

Skew

SOL 1W RR25 -4.77 vol pts · Δ +0.63 vol ptspercentile rank 30.0% by absolute move · 30-day window (n=30); 1-day moves sampled daily UTC; 2026-09-30 to 2026-10-30

Wings

SOL 1W BF25 1.78 vol pts · Δ +0.43 vol ptspercentile rank 93.3% by absolute move · 30-day window (n=30); 1-day moves sampled daily UTC; 2026-09-30 to 2026-10-30

IV versus RV

SOL 1W IV 64.07% / 7D RV 56.82% · spread +7.25 vol pts

Δ compares the report’s stored surface endpoints. IV versus RV is a level comparison, not a daily change.

Historical move evidence

SOL 1W ATM IV: percentile rank 87.7% by absolute move · full history (n=57); 1-day moves sampled daily UTC; 2026-08-28 to 2026-10-30

SOL 1W RR25: percentile rank 30.0% by absolute move · 30-day window (n=30); 1-day moves sampled daily UTC; 2026-09-30 to 2026-10-30

SOL 1W BF25: percentile rank 93.3% by absolute move · 30-day window (n=30); 1-day moves sampled daily UTC; 2026-09-30 to 2026-10-30

Technical appendix: measurement and history provenance

Download the full canonical report and evidence receipts (JSON). Artifact SHA-256: b6ca650170ac952812b544650480e38d76659933f7c1a7b37e643e5d3a545553.

Daily options-surface context: active. Quiet describes only daily options-surface movements under the stored operational policy; it makes no weekly stabilization claim.

Percentile sample windows, horizons and receipts

Samples use daily UTC observations. Weekly moves can be rolling and overlapping; observation counts do not imply independent periods. Missing legacy bounds and source revisions remain unavailable.

Frozen percentile denominators
Asset / tenor / metricCohortCount / horizonActual boundsOverlap / provenance
SOL 1W atmIvmove30d30 samples; 1 days; daily UTC observations2026-09-30 → 2026-10-30
2026-09-30T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:636c00ede6edac26cca85e2d37c8ec72dff10451da9ab283e3c430a3b1acc1cd
SOL 1W atmIvmoveFullHistory57 samples; 1 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:f9b82263d207b3770da0dde767206c37448a0a6ef2cae72c7e179d40de500317
SOL 1W atmIvlevelFullHistory61 samples; 0 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:24ea0f2a2564a5caf01283400e31ebf89cb5e7e9af8ff4bcc3ea7b3815711c5d
SOL 1W bf25move30d30 samples; 1 days; daily UTC observations2026-09-30 → 2026-10-30
2026-09-30T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:7cd7aa55eb67b2acb78ed9aff90a86d9ab17b3a96a43ae625d8a37c7440391c6
SOL 1W bf25moveFullHistory57 samples; 1 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:267c38bda4172a408bfc7c413b3403b0d49ae5d439f18da0c03ef5b985e20295
SOL 1W bf25levelFullHistory61 samples; 0 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:ddaca479d6ee84dc958cb43ab1a115d82b6cbbed050f5d4f3c5d0dc0d5e878f3
SOL 1W rr25move30d30 samples; 1 days; daily UTC observations2026-09-30 → 2026-10-30
2026-09-30T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:15fb752cc3bff95e4ceabf96b2608af1a6b50a8d9f561ebdc88f27b7f9d167d8
SOL 1W rr25moveFullHistory57 samples; 1 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:f5ab3ed640288577c0df512fd43d242671fd0f1474e8d369c917564162e00b59
SOL 1W rr25levelFullHistory61 samples; 0 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:cf3524dcdca919f2030977a4bcb75eab401dcd21f93c4130e3bb4f731e833559
SOL 2W atmIvmove30d30 samples; 1 days; daily UTC observations2026-09-30 → 2026-10-30
2026-09-30T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:af18b41dddd0c45d75e3437214467dab573971a40a8cb64fc92963268da60748
SOL 2W atmIvmoveFullHistory57 samples; 1 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:485780ccc246be49d28b939b072d78eb061293186540758681e8378445fa807a
SOL 2W atmIvlevelFullHistory61 samples; 0 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:0be2ca332a59719148bf3c7618052901a64a5954374d1f95fac38ce43fa2aae2
SOL 2W bf25move30d30 samples; 1 days; daily UTC observations2026-09-30 → 2026-10-30
2026-09-30T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:55647502b69e53450d9391c262e488ed6ebf7f6958c18fcc727d60690009df9a
SOL 2W bf25moveFullHistory57 samples; 1 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:bd93e60b217a856794ee778908e893da847fa47326e8d89b53dc7e82858433a3
SOL 2W bf25levelFullHistory61 samples; 0 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:e52d504b1917d06d22ca663ad3718b15b59e13812b04b965975886fbdcb7605f
SOL 2W rr25move30d30 samples; 1 days; daily UTC observations2026-09-30 → 2026-10-30
2026-09-30T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:14a0772ca9aff789d80126835f56fc28a7bccc3a7419bf55c4a144db7b083c08
SOL 2W rr25moveFullHistory57 samples; 1 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:2d07398aed19f660b7dd9eb0d571959248abf4e15d576f7309218f429e32e071
SOL 2W rr25levelFullHistory61 samples; 0 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:ae2df6d26cfe81fd635c14d9f5479f6710cc444cc27ddce3fefc2ac37fdd37bb
SOL 1M atmIvmove30d30 samples; 1 days; daily UTC observations2026-09-30 → 2026-10-30
2026-09-30T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:f1c6ddf0ed4d7cf0247b5cfac96d904150ec0a17972428bd2853173fc50440d9
SOL 1M atmIvmoveFullHistory57 samples; 1 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:1fd899d3a29d7adcb67751fb1b85d3d4a62c2c0461e7cc4e9f27726ea3dc3553
SOL 1M atmIvlevelFullHistory61 samples; 0 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:1cf8ea9326ecff16ea1456cbbe6ca3e45ff35ec742f28d4104ef9f2d75708173
SOL 1M bf25move30d30 samples; 1 days; daily UTC observations2026-09-30 → 2026-10-30
2026-09-30T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:6d61b1b3d9872963866148331fbadab295fda32d8a9d71fb97eabc652188d9d4
SOL 1M bf25moveFullHistory57 samples; 1 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:16f8a51f06ed5388bb66f111ae75db664d000a90e9f5872c2d8888e5370cf3c7
SOL 1M bf25levelFullHistory61 samples; 0 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:b5d2ee6cfb685c2b21bde4c3306aaf904e0892fdfaadd19fd4b89d5b47129bf9
SOL 1M rr25move30d30 samples; 1 days; daily UTC observations2026-09-30 → 2026-10-30
2026-09-30T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:a1836c5aba97310e0541ff9d739bb7464488fad3fd87ff3e32842aeb025ffc06
SOL 1M rr25moveFullHistory57 samples; 1 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:2feb0eb46a25373f6778c6087798d9b9f5f254965d2acce6d6ec70f483a07e88
SOL 1M rr25levelFullHistory61 samples; 0 days; daily UTC observations2026-08-28 → 2026-10-30
2026-08-28T17:31:00+00:00 → 2026-10-30T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:78cae15c11f48654b5f404f427d2d64b2b9a939259785322bf56723020efdaa4
SOL 3M atmIvmove30d0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 3M atmIvmoveFullHistory23 samples; 1 days; daily UTC observations2026-08-28 → 2026-09-24
2026-08-28T17:31:00+00:00 → 2026-09-24T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:eabe301979cbc75ac14f996456138b35e52b3339205922334d83da2d8b578bf7
SOL 3M atmIvlevelFullHistory26 samples; 0 days; daily UTC observations2026-08-28 → 2026-09-24
2026-08-28T17:31:00+00:00 → 2026-09-24T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:d2d1554ad6103fa2fa9840ad60ad067033fad288080832c8f0e2375af6ae0efe
SOL 3M bf25move30d0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 3M bf25moveFullHistory23 samples; 1 days; daily UTC observations2026-08-28 → 2026-09-24
2026-08-28T17:31:00+00:00 → 2026-09-24T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:54cc918445a350435f62ccc2c3515010e76a79119a328b1dc7f39940de4024e2
SOL 3M bf25levelFullHistory26 samples; 0 days; daily UTC observations2026-08-28 → 2026-09-24
2026-08-28T17:31:00+00:00 → 2026-09-24T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:8c4eb108fc35fa212bcbdbc5a8a3dc1cc4c02b5e46816e41e635260846541693
SOL 3M rr25move30d0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 3M rr25moveFullHistory23 samples; 1 days; daily UTC observations2026-08-28 → 2026-09-24
2026-08-28T17:31:00+00:00 → 2026-09-24T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:8f4f205339259ade2bf7e4ef18c57f629f40725caa126c49cf9da870c28b287f
SOL 3M rr25levelFullHistory26 samples; 0 days; daily UTC observations2026-08-28 → 2026-09-24
2026-08-28T17:31:00+00:00 → 2026-09-24T17:31:00+00:00		No period overlap in this cohort; source revision unknown; sha256:6b60fa16d9b1581c5fba1cf1e8f1286994f07cb66e87496db52b01fa430ebf88
SOL 6M atmIvmove30d0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 6M atmIvmoveFullHistory0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 6M atmIvlevelFullHistory0 samples; 0 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 6M bf25move30d0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 6M bf25moveFullHistory0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 6M bf25levelFullHistory0 samples; 0 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 6M rr25move30d0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 6M rr25moveFullHistory0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 6M rr25levelFullHistory0 samples; 0 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 9M atmIvmove30d0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 9M atmIvmoveFullHistory0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 9M atmIvlevelFullHistory0 samples; 0 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 9M bf25move30d0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 9M bf25moveFullHistory0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 9M bf25levelFullHistory0 samples; 0 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 9M rr25move30d0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 9M rr25moveFullHistory0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 9M rr25levelFullHistory0 samples; 0 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 1Y atmIvmove30d0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 1Y atmIvmoveFullHistory0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 1Y atmIvlevelFullHistory0 samples; 0 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 1Y bf25move30d0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 1Y bf25moveFullHistory0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 1Y bf25levelFullHistory0 samples; 0 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 1Y rr25move30d0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 1Y rr25moveFullHistory0 samples; 1 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945
SOL 1Y rr25levelFullHistory0 samples; 0 days; daily UTC observationsUnavailable → Unavailable
Exact start unavailable → Exact end unavailable		No period overlap in this cohort; source revision unknown; sha256:4f53cda18c2baa0c0354bb5f9a3ecbe5ed12ab4d8e11ba873c2f11161202b945

11 · Technical appendix

Model parameters and normalized Greeks.

These diagnostics preserve the fitted-surface audit trail without competing with the main market story.

Show SVI parameter changes and normalized Greeks

SVI diagnostics

Daily movement in a, b, rho, m and sigma.

Among ranking-eligible expiries, the largest absolute rho change occurred at 27NOV26; the largest sigma change occurred at 6NOV26.

ExpiryΔ aΔ bΔ rhoΔ mΔ sigmaSmile classification
6NOV26+0.10690-0.08190-0.24210-0.20240-0.54720rotation towards puts, wing steepening
13NOV26+0.09670-0.07280-0.01530-0.10680-0.48960rotation towards calls, wing steepening
27NOV26+0.04820-0.03630-0.34520-0.20290-0.20570wing steepening
25DEC26+0.06260-0.04860-0.22460-0.11050-0.24070limited movement

Current surface characteristics

Where normalized model Greek intensity is highest.

These are comparable Black-forward Greeks for a one-SOL ATM-forward call at each listed expiry—not portfolio exposure, open interest or a prediction of dealer positioning.

Highest Gamma6NOV26, 0.051611 1 / USD
Highest Theta Decay6NOV26, -0.274715 USD / day
Highest Vanna25DEC26, 0.000767 delta / vol pt
Highest Vega25DEC26, 0.147301 USD / vol pt
Highest Volga25DEC26, -0.00003 USD / vol pt²

7D realised volatility · data quality

AssetRecorded RVStatusCoverage / requiredLongest gap / maximum
SOL56.82%Available100% / 99.5% required0 min / 60 min maximum

Thresholds are asset-specific policies recorded in this edition. Each window is assessed independently; returns spanning gaps are excluded. Partial estimates may miss volatility during gaps.

RV coverage and methodology

SOL · Available · Surface cutoff 31 Oct 2026, 17:31:00 UTC · 7D coverage 100% / 99.5% required · largest 7D gap 0 min / 60 min maximum · maximum gap 60 min.

24h: complete; 1440/1440 observed returns; 100% coverage; 99.5% minimum; 0 min largest gap.

30d: complete; 43200/43200 observed returns; 100% coverage; 99.5% minimum; 0 min largest gap.

7d: complete; 10080/10080 observed returns; 100% coverage; 99.5% minimum; 0 min largest gap.

Source data JSON

12 · Methodology and provenance

Generated from measured Derivasys surface data.

Current snapshot
31 Oct 2026, 17:31 UTC
Comparison snapshot
30 Oct 2026, 17:31 UTC
Source
Derivasys proprietary historical SVI surface and canonical SOL index databases
Realised volatility
Annualised root-mean-square of one-minute canonical SOL-USD index log returns using a 365-day basis; all windows end at the current snapshot.
Comparison window
Nearest successful surface snapshots approximately 24 hours apart
RR convention
25-delta call IV minus 25-delta put IV
BF convention
Average 25-delta wing IV minus ATM forward IV
Fixed tenors
Fixed-tenor measures are published only when listed expiries bracket the target at both comparison snapshots. Targets outside either observable range are suppressed, not extrapolated; headline rankings use only supported tenors.
Smile reconstruction
Listed-expiry smiles are reconstructed from stored SVI total-variance parameters on a fixed log-moneyness grid.
Ultra-short expiries
Expiries with fewer than 2 full days remaining stay in detailed tables but are excluded from headline rankings. Settlement proximity, time decay, changing liquidity and fewer quotes can exaggerate their changes.
Greek normalization
Black forward Greeks for a normalized one-SOL ATM-forward call, zero rate, fitted SVI IV
Catalyst policy
Only sufficiently relevant, reliably sourced events are shown; otherwise no catalyst is assigned.

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