Bitcoin Call Skew Hints at Further Price Rise as Spot ETF Optimism Energizes BTC
The one-month call-put skew has risen above 10%, indicating a strongest bullish bias in 31 months.
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The one-month call-put skew has risen above 10%, indicating a strongest bullish bias in 31 months.
Deribit options open interest (Laevitas)
Bitcoin (BTC)surged past $31,000 Monday for the first time since mid-July as cryptocurrency markets continued their October bull run.
The bitcoin options market has flipped bullish across different timeframes since Monday’s erroneous ETF report.
BTC losing the significant price level after a month is likely just a short-term deviation based on derivatives trading data, SynFutures CEO said.
Lower volatility has made option prices cheaper, Matrixport’s Markus Thielen said.