CBOE Crude Oil ETF Volatility Index (OVX)

CBOE OVX index measuring 30-day implied volatility on the USO oil ETF (FRED OVXCLS, daily). Oil-market analog to VIX. Spikes during oil supply shocks or demand collapses.

Category: macro. Macro economic indicators track monetary policy, liquidity conditions, and traditional market positioning. Changes in these metrics often lead Bitcoin price moves by days or weeks.

API: GET /api/metrics/ovx

Used in briefings: Commodities Oil, Energy Basket, Commodities Full Picture

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