Options


Markets

Bullish Bitcoin Bets Rise as Implied Volatility Slides

Some traders bought bitcoin calls at strikes $45,000 and $46,000 during Thursday's U.S. trading hours, according to over-the-counter institutional cryptocurrency trading network Paradigm.

(Hans Eiskonen/Unsplash)

Markets

Bitcoin Traders Seek Protection From Price Declines as ETF Deadline Looms: Deribit

Puts are overbought and calls [are] being sold, Deribit's CCO Luuk Strijers told CoinDesk, noting the decline in the bitcoin implied volatility index.

Innovation takes priority over investor protection in the anything-goes market of decentralized finance, or DeFi.

Markets

Bitcoin Traders Pare Bullish Bias as Spot ETF Deadline Nears

BTC calls trade at a much lower premium to puts than in November, as some analysts expect the cryptocurrency to decline following the anticipated debut of spot ETFs in the U.S.

Bitcoin call-put skews (Amberdata)

Markets

A Record $11B Crypto Options Expiry Looms as BTC Shows Little Volatility

The expiry is Deribit's largest so far and a record of almost $5 billion of options will expire in the money.

(Jason Leung/Unsplash, modified by CoinDesk)

Policy

U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application

The commissioners discussed issues like conflict of interest before ultimately voting in favor of the margined bitcoin futures company.

(Jesse Hamilton/CoinDesk)

Markets

Why 2023 Is Like 2020 and Bitcoin Is Set to Head Towards $50k

Crypto derivatives show bullish positioning but are not over-extended by historical norms. That’s good news for the whole crypto market.

(Fabrizio Conti/Unsplash)

Markets

Bitcoin, Ether Options' Value on Deribit Reaches Record High of $23B

Increased interest in the three-dimensional options trading suggests an influx of sophisticated traders in the crypto market.

stock, chart, investing (sergeitokmakov/Pixabay)

Markets

Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance's Guilty Plea

We have seen interest in loading up more topside with strong demand for the March 2024 expiry calls, one OTC desk said.

airplane, buildings (sasint/Pixabay)

Markets

Bitcoin Options Open Interest Climbs to Record $15B on Crypto Exchange Deribit

The notional open interest in BTC options listed on Deribit rose to a record $15 billion last week as traders scrambled to take bullish exposure.

BTC's options open interest on Deribit (Deribit).

Markets

Bitcoin's Options Market Has Overtaken Its Futures Market in a Sign of Growing Sophistication

The notional open interest in BTC options worldwide stood at $17.5 billion at press time, while open interest in the futures market was $15.84 billion.

Total BTC options open interest (CoinGlass)