According to the Odaily Planet Daily report, Greeks.live macro observer Adam posted that with the successive implementation of PPI and CPI, market volatility expectations have dropped significantly, driving the IV of each major period to decline significantly.

Short-term IV fell by more than 20% this week, and medium- and long-term IV also fell by about 5%. This drop in implied volatility IV in the options market is relatively rare.

Sellers, mainly institutions, can make up for a lot of profits in this round of decline to make up for the hedging losses caused by the huge fluctuations in the past month. Now that the term structure has returned to a stable structure of far highs and near lows, the market may settle for a while.