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Morgan Stanley Bitcoin Trust MSBT

i

Market dataready · fetched 2026-11-12T01:35:03.830Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-12T01:00:00.048974588Z

FundamentalsMorgan Stanley Investment Management · ready · as of 2026-09-30 · fetched 2026-11-12T01:35:03.341168+00:00

Share price$21.39
1D+0.9%
AH$20.98$21.09$21.21$21.32$21.435:30 AM6:30 AM9:00 AM1:00 PM2:00 PMMSBT
Sold putSold callAH

Morgan Stanley Bitcoin Trust options

Live interpolated MSBT call and put midpoint premiums by absolute delta.Morgan Stanley Bitcoin Trust$0.18$0.79$1.40$2.01$2.62$-0.12$0.19$0.50$0.81$1.1220Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80Δ20Δ P unavailable: no unambiguous, price-consistent delta bracketP —25Δ P unavailable: no unambiguous, price-consistent delta bracketP —30Δ P unavailable: no unambiguous, price-consistent delta bracketP —35Δ P unavailable: no unambiguous, price-consistent delta bracketP —40Δ P unavailable: no unambiguous, price-consistent delta bracketP —45Δ P unavailable: no unambiguous, price-consistent delta bracketP —50Δ P unavailable: no unambiguous, price-consistent delta bracketP —55Δ P unavailable: no unambiguous, price-consistent delta bracketP —60Δ P unavailable: no unambiguous, price-consistent delta bracketP —70Δ C unavailable: no unambiguous, price-consistent delta bracketC —75Δ C unavailable: no unambiguous, price-consistent delta bracketC —80Δ C unavailable: no unambiguous, price-consistent delta bracketC —OPTION PRICEMSBT PRICE$0.24$0.32$0.37$0.41$0.44$0.48$0.52$0.56$0.60$0.64$1.18$1.51$1.84$2.44
Puts——
Calls——
Skew——
Implied move——
Tilt——
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ23.4363.8%10.7%
25Δ23.1167.1%9.5%
30Δ22.7163.0%7.9%
35Δ22.2755.2%6.0%
40Δ21.9349.1%4.6%
45Δ21.7545.7%3.9%
50Δ21.5842.3%3.3%
55Δ21.4038.8%2.7%
60Δ21.2235.4%2.0%
65Δ21.0532.0%1.4%22.2051.5%1.7%
70Δ22.5856.3%1.5%
75Δ22.9661.2%1.3%
80Δ23.6268.3%1.0%

20Δ

Calls
Pseudo strike
23.43
IV
63.8%
B/E move
10.7%
Puts
Pseudo strike
IV
B/E move

25Δ

Calls
Pseudo strike
23.11
IV
67.1%
B/E move
9.5%
Puts
Pseudo strike
IV
B/E move

30Δ

Calls
Pseudo strike
22.71
IV
63.0%
B/E move
7.9%
Puts
Pseudo strike
IV
B/E move

35Δ

Calls
Pseudo strike
22.27
IV
55.2%
B/E move
6.0%
Puts
Pseudo strike
IV
B/E move

40Δ

Calls
Pseudo strike
21.93
IV
49.1%
B/E move
4.6%
Puts
Pseudo strike
IV
B/E move

45Δ

Calls
Pseudo strike
21.75
IV
45.7%
B/E move
3.9%
Puts
Pseudo strike
IV
B/E move

50Δ

Calls
Pseudo strike
21.58
IV
42.3%
B/E move
3.3%
Puts
Pseudo strike
IV
B/E move

55Δ

Calls
Pseudo strike
21.40
IV
38.8%
B/E move
2.7%
Puts
Pseudo strike
IV
B/E move

60Δ

Calls
Pseudo strike
21.22
IV
35.4%
B/E move
2.0%
Puts
Pseudo strike
IV
B/E move

65Δ

Calls
Pseudo strike
21.05
IV
32.0%
B/E move
1.4%
Puts
Pseudo strike
22.20
IV
51.5%
B/E move
1.7%

70Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
22.58
IV
56.3%
B/E move
1.5%

75Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
22.96
IV
61.2%
B/E move
1.3%

80Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
23.62
IV
68.3%
B/E move
1.0%

Options history

IV · four-Friday blend39.50%
Daily EOD
MSBT38.4%39.5%40.6%2026-10-19: 39.72%2026-10-20: 40.19%2026-10-21: 39.30%2026-10-22: 40.32%2026-10-23: 40.23%2026-10-26: 39.82%2026-10-27: 40.46%2026-10-28: 39.51%2026-10-29: 38.56%2026-10-30: 39.50%Oct 19Oct 23Oct 30
10 observations2026-10-19 — 2026-10-30
Table
DateIV (%)
39.72%
40.19%
39.30%
40.32%
40.23%
39.82%
40.46%
39.51%
38.56%
39.50%