Bitcoin Traders Stack $4.5 Billion in Calls as $95K Bets Take Shape
Bitcoin’s options market is sending a curious message. With bitcoin trading above $82,000, calls account for 60.24% of outstanding options interest, while a massive 25,030.6 BTC position sits at Deribit’s $95,000 strike for Oct. 30. Meanwhile, futures open interest stands at $51.7 billion, and options max pain levels point toward considerably lower prices. Traders are […]
Key Takeaways
- Bitcoin’s options market is sending a curious message.
- With bitcoin trading above $82,000, calls account for 60.24% of outstanding options interest, while a massive 25,030.6 BTC position sits at Deribit’s $95,000 strike for Oct.
- Meanwhile, futures open interest stands at $51.7 billion, and options max pain levels point toward considerably lower prices.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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