According to ChainCatcher, Matrixport released a chart saying that a year ago it predicted that Bitcoin's volatility would remain between +/-20% in any 30-day rolling period, meaning that a sharp rebound or decline was less likely.

The strategy only experienced minor temporary losses during two brief periods at the end of the third quarter of 2023 and the first quarter of 2024. With the launch of a Bitcoin spot ETF, volatility is expected to decrease further, making options selling a potentially effective and profitable strategy in the coming months.