The Popular $100K Year-End Goal for Bitcoin Has Less Than 10% Probability in Options Market
The low pricing seems consistent with stable and rangebound implied volatility.
Options
Institution Takes $25M Hedge Bet on Derive’s Bitcoin Options Market as U.S. Election Looms
The institution set up a multi-legged strategy in Derive’s onchain options market, generating $25 million in volume.
ApeCoin Traders Make Bold Moves in PowerTrade’s Altcoin Options Market
APE has doubled in value to $1.5 since the weekend.
Bitcoin’s Inverse Ties With Dollar Index Challenged as U.S. Election Looms
Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index.
Bitcoin Set for Unusually Busy Weekend After Friday’s Payrolls Data, Volatility Kink Indicates
BTC’s implied volatility curve shows a noticeable kink on Oct. 5, signaling expectations for an unusually volatile Saturday.
Bitcoin Holder Metaplanet Sells BTC Options to Boost Coin Stash
The company strengthens its bitcoin position with a strategic options sale, generating nearly 24 BTC ($1.4M) in premium.
XRP’s ‘Bearish Skew’ Persists Amid 10% Price Slide Following SEC Appeal and ETF Filing
Just as optimism was about to surge, clouds rolled in, pushing prices lower.
U.S. Elections-Linked Bitcoin Options Draw Nearly $350M in Open Interest
Notional open interest in BTC options tied to U.S. elections. (Amberdata)
Ether Traders Buy $4K Calls In Anticipation of Record High
Call buyers are implicitly bullish on the market.
Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices
One market observer noted “very concentrated call buying” looking to profit from a rally to between $74,000 and $80,000 by the end of this month.