Solana’s implied volatility on contracts expiring in two days jumped 18.3 points in a single week, reflecting heightened demand for protection and potential speculative activity. The 30-day realized volatility came in at 64.3% as of October 2026, outpacing the 30-day implied volatility at 54.9%. SOL options open interest stood at approximately $117 million, a relatively thin market compared to Bitcoin and Ethereum. The put/call ratio near 0.80 and max pain at $110 indicate notable demand for downside protection despite calls leading. The spread between SOL and Bitcoin one-week implied volatility ranges from 18 to 24 points, and any significant price move could amplify reactions in SOL’s options market with knock-on effects across the broader crypto landscape.
Source: Read the original article

