Despite Bitcoin's solid rebound over the past two days, the options market has shown muted reactions. Implied volatility for near-term contracts currently hovers around 35% or lower. Ethereum's recovery has been weaker, with implied volatility generally hovering near 65%. This rebound primarily stems from President Trump's public appearance, which dispelled recent concerns about his health. Both call and put options have seen active trading in the Block market recently, primarily focused on the current month's quarterly options. The options market currently prices future volatility levels on the low side. Despite several key economic data releases on the horizon, the options market suggests that market volatility is unlikely to be significant, with September's trading likely to be relatively subdued.(Greeks.live)