BITx - Weekly Volatility Snapshot Volatility Shares Trust 2x Bitcoin Strategy ETFBATS:BITXsplitmyIVandmeltGood Morning -- Happy Father's day to any dad's out there! Let's took a weekly look at BITX -- our 2x leveraged BTCUSD fund. Last week, we saw a beautiful gap up to the upper HV63 implied ranges were profit was taken and accelerated selling begin. Our bi-weekly trending values have increased due to the increasing volatility. The weekly candle ended with some body to it, but was mostly flat due to the gap closing with a big wick up. Our IV (85.47%) entering the week is trending within 4% of the sliding yearly lows and seemingly increasing as it tracks near-term trending markets -- HV10 (70.04%) has increased from the movement last week +7.35% and is now +22.17% off sliding yearly lows. As the spring is uncoiling, and bi-weekly regresses towards quarterly means our premium capture erodes and our range expands. I love trading volatility and ranges. The 'strength of IV' here for HV10 is 82% -- so you have to account when positioning that the trending near-term volatility IS INCREASING but IS WEAKER than what is predicted. The 'strength of IV' here for HV63 is 101% -- showing that what is predicted is fairly valued to me on a regression scale. Please -- Pull my chart onto your layout and use my implied ranges and data, follow along through the week on your own screen as we track and measure the volatility -- let's get this conversation started! CHEERS