Bitcoin Derivatives Are Heating up, but Traders Want Insurance
Bitcoin derivatives are flashing a split personality as bitcoin’s price trades around $84,000 on Sept. 23. Futures open interest is climbing back toward $60 billion, while options open interest has jumped above $50 billion. Calls command 60% of options positions, yet puts account for 58.2% of 24-hour options volume. Meanwhile, billions in contracts are staring […]
Key Takeaways
- Bitcoin derivatives are flashing a split personality as bitcoin’s price trades around $84,000 on Sept.
- Futures open interest is climbing back toward $60 billion, while options open interest has jumped above $50 billion.
- Calls command 60% of options positions, yet puts account for 58.2% of 24-hour options volume.
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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