The call option at the strike price of $80,000 is the most popular, boasting an open interest of over $39 million. Broadly speaking, open interest is mainly concentrated in higher strike calls, starting from $70,000 to $140,000. That’s a sign of traders positioning for new record highs around the election time.
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Omkar Godbole
https://www.coindesk.com/markets/2024/08/20/us-elections-linked-bitcoin-options-draw-nearly-350m-in-open-interest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-08-20 06:26:38