I developed an options tool for Deribit, making it easier to sell options for bottom fishing. Instead of trading on the exchange's dual-currency wealth management products, why not do it yourself? Built using Deribit's open API, it helps find suitable options to sell, filtering for appropriate APR and good liquidity. It uses data to roughly assess whether current volatility is high or low, when selling options is profitable, and the smart money's direction.

GitHub repository: lianyanshe-ai/deribit-options-monitor

It monitors the BTC/ETH options market on Deribit and the design ideas behind the skill:

1. DVOL Volatility Analysis
- Calculates the DVOL volatility index Z-Score to determine whether volatility is high or low
- Dynamically adjusts thresholds based on market conditions, with confidence level assessments for signals
- Backtests historical volatility trends
2. Intelligent Recommendations for Selling Puts
- Scans all market options contracts, sorts by annualized return (APR), and recommends suitable ones
- Automatically filters out low-liquidity and risk-reward-unreasonable targets to reduce operational risk
3. Block Trade Anomaly Monitoring
- Monitors large Call/Put order flows and whale fund positioning
- Analyzes changes in market bullish/bearish sentiment
- Allows setting up monitoring alerts; abnormal fluctuations trigger automatic alerts