Implied volatility change could be in volatility points or a percentage. MR1 takes the maximum loss. Price move: Underlying asset Maximum price move BTC, ETH +/– 0%, 4%, 8%, 12% SOL, DOGE, PEPE, XRP, BNB, SHIB, LTC, ORDI, WLD, BCH, ADA +/– 0%, 6%, 12%, 18% Others +/– 0, 8%, 16%, 25% Implied volatility change (options only), in points or in a percentage: Time to expiry Maximum implied volatility, change in points Maximum implied volatility, change in percentage 0 days 30 (e.g.