Why are auction market prices based on volatility?

You appear dazed and confused. Don't buy a single Option or Futures contract. You will lose money. Run now.

 

You appear to have or have had multiple aliases. Chances are you are the one hurting here. LOL

 

In general, auction markets are based on volatility as a means to efficiently match buyers and sellers. Previous highs and lows created the historical market. The bid ask creates the current market. Implied volatility creates a future market.

The trader, more specifically it's frame of reference, is the only independent variable. The market's frame of reference does not change, it 'rolls'.

FS