Volreport for Week 42, 2026 (Oct 12 – Oct 16)

All reports

Realized-vol-only week — no own-book implied quotes cleared the solver, so the desk read is held to price and realized action.

Vol Value Scoreboard

IV(30d) − RV(30d), ranked cheapest → most expensive

Asset	Spot	1w %	RV 30d	IV 30d	IV − RV	Verdict
BTCBitcoin	$82,266	−0.4%	35.1	—	—	RV-only
ETHEther	$2,456	−1.3%	53.4	—	—	RV-only
SOLSolana	$107	−2.1%	59.4	—	—	RV-only
XRPXRP	$1.34	−3.8%	67.5	—	—	RV-only
XAUTTether Gold	$4,186	0%	16.9	—	—	RV-only
SPCXSpaceX	$153	−6.4%	44.5	—	—	RV-only

Reading the tiers below: the 25Δ Risk Reversal

A 25Δ risk reversal compares two equally out-of-the-money options — a 25-delta call and a 25-delta put — and takes the difference in their implied vol. A negative number means puts cost more: the market is paying up for downside protection, and calls are the relatively cheap wing. A positive number is the reverse — calls cost more, puts are the cheap wing.

Tier 1 — Liquid listed options

Spot$82,266

1w−0.4%

RV 30d35.1

IV 30d—

25Δ RR—

BTC fell 0.4% on the week; 30-day realized held near 35.

Spot$2,456

1w−1.3%

RV 30d53.4

IV 30d—

25Δ RR—

ETH fell 1.3% on the week; 30-day realized cooled 56→53.

Tier 2 — Alts & reference-anchored

Spot$107

1w−2.1%

RV 30d59.4

IV 30d—

25Δ RR—

SOL fell 2.1% on the week; 30-day realized held near 59.

Spot$1.34

1w−3.8%

RV 30d67.5

IV 30d—

25Δ RR—

XRP fell 3.8% on the week; 30-day realized cooled 92→68.

Spot$4,186

1w0%

RV 30d16.9

IV 30d—

25Δ RR—

XAUT gained 0.0% on the week; 30-day realized cooled 19→17.

Tier 3 — Tokenized RWAs & pre-IPO

Spot$153

1w−6.4%

RV 30d44.5

IV 30d—

25Δ RR—

SPCX fell 6.4% on the week; 30-day realized held near 44.

Last week, graded

Tagged alt vol the cheapest to own — SOL 30d realized ~58 into Jun 14Realized held ~ 59 (spot -2.1%) — modest carry.

Partial

Flagged XRP realized elevated (~92) with price on the back footRealized eased to 68 (spot -3.8%) — vol gave back.

Miss

ETH realized ~56 led the majors; gamma seen underpricedRealized eased to 53 (spot -1.3%) — vol gave back.

Miss

BTC the calmest major (~36 realized) — looked for vol to stay anchoredRealized held ~ 35 (spot -0.4%) — broadly as flagged.

Hit

Tokenised gold expected to stay subdued (~19 realized)Realized held ~ 17 (spot -0.0%) — broadly as flagged.

Hit

Methodology & sources

ClickHouse index_candles_1d + index_price (RV, cone, spot) through 2026-10-16 close · ClickOptions own book via option_last_books (implied vol, BS model r=4.0%) as-of 2026-10-16 09:15 UTC · RV-only where no IV solves

Vol Value Scores compare ClickOptions' own-book implied volatility to trailing realized volatility on the same underlying — a relative-value read, not a forecast.