Data SourceIn-housePrice ConstructionThe price is calculated based on the total price movement of the underlying asset.
For example, picture a daily BTC-MOVE contract. The BTC daily open was 74k, and it's currently trading at 72k, so the price of the volatility index is 2k. If BTC price was 76k, the volatility index is also 2k.
What matters is the magnitude of a movement, not the direction.Volume StrategyWe are in talks with several MM, both individuals and institutions, that are interested in trading pure volatility contracts.Distribution ChannelNo