---
title: Mid-Week Crypto Derivatives Market Recap | Apr. 12, 2023
description: In this episode, the week of April 12, 2023 Imran Lakha walks us through BTC and ETH realized vols, skew, option flows, volatility, and gamma positioning.
---

[Amberdata Blog ](https://blog.amberdata.io)

# [Mid-Week Crypto Derivatives Market Recap | Apr. 12, 2023](https://blog.amberdata.io/mid-week-crypto-derivatives-market-recap-1681330110638)

 Written by [Imran Lakha](https://blog.amberdata.io/author/imran-lakha) | Apr 12, 2023

Weekly Mid-week Crypto Derivatives Market Recap where Imran Lakha @ Options Insight gives brief yet concise breakdowns of BTC's & ETH's Volatility, Term-structure, Skew, Crypto Option Flows, and Gamma positioning.

This week Imran walks us through some key points.

1. BTC 10D realized reached as low as 31%

2. BTC & ETH Term Structure invert as spot breaks higher ahead of CPI data

3. Weekly Call Skew catching a bid again on the break higher above $30k

4. BTC Option Volumes dropped holiday break / ETH Option flows with stable with Shanghai upgrade this week

5. BTC dealer Gamma flipped back into negative as spot broke above $30k / ETH positioning stays more neutral even as call buyers come into play the upside

If you would like more in-depth analysis, subscribe to AD Derivatives Newsletter & launch our app to utilize our tools for your trading strategies!

[View full post](https://blog.amberdata.io/mid-week-crypto-derivatives-market-recap-1681330110638)

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