Bitcoin (BTC) Traders Make $100K Price Bets Through CME Options: CF Benchmarks

“Traders appear to be snapping up bitcoin call options at the $100k strike price. Per CF Benchmarks’ data, the 30-day constant maturity 25 delta skew has now breached the 5 vol threshold, a near YTD high, which implies that there is much greater demand for upside exposure,” Thomas Erdösi, head of product at CF Benchmarks, told CoinDesk in an email.