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Bitcoin Options Traders Continue to Place Bullish Bets as They Stack $80K Calls

Bitcoin Options Traders Continue to Place Bullish Bets as They Stack $80K Calls



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  1. tldr; Traders have bought over 2,000 contracts of the $80,000 call option expiring on April 30, pushing the open interest to 8,476.6 contracts, the highest among the April expiry options listed on Deribit. The 80,000 strike call is also the most sought after option across all maturities, with an open interest of over 15,000. The data is reflective of high price expectations for the next few weeks.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. If they all print, awesome for me and for the ecosystem. If they all get fucked, worse for me but also hilarious. Everyone I know traded options for a month and then quit because it’s even more of a coin flip than just buying the coin.

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