Bitcoin’s price has rebounded impressively, climbing from under $75,000 to over $84,000. This recovery has sparked renewed interest in bullish bitcoin options strategies. The $100K call option has emerged as the most popular bet on Deribit, which handles over 75% of global options activity. As of the latest data, the $100K call option boasts a notional open interest of nearly $1.2 billion. The distribution of open interest shows a concentration in calls at strikes ranging from $95,000 to $120,000. Meanwhile, the $70K put option holds the second spot with an open interest of $982 million. The options skew, a key market sentiment indicator, has normalized. The 30-, 60-, and 90-day skews have risen to just above zero from deeply negative levels a week ago, signaling a decrease in market panic and a resurgence of upside interest. Although the seven-day gauge remains negative, it shows a notably weaker put bias than the -14% recorded a week earlier.
Josh Man
@JoshMandell6
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Mar 2 I have used my stack to sell covered calls against. The cash raised can be used to buy bitcoin (or calls on bitcoin), creating an INFINTE Bitcoin Yield, because NONE of the covered calls ended up being exercised (unlike the convertible bond deals).
CryptoPotato Official
@Crypto_Potato
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3h Options data shows that the $100K $BTC call option has become the most popular bet, with a notional open interest approaching $1.2B.
cryptonews.website
@cryptonewsweb
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2h #Bitcoin Options Data shows that $100K call option has become the most favored bet, with a notional open interest of nearly $1.2B.
CryptoNews
@CryptoNewsX_
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4h 𝗠𝗔𝗥𝗞𝗘𝗧 𝗨𝗣𝗗𝗔𝗧𝗘: #Bitcoin options data shows $100K call option now most favored betNotional open interest for this position reaches nearly $1.2B#BTC #Options #CryptoMarkets
Admiral
@admiral_x_x
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4h JUST IN : #Bitcoin Options Data shows that $100K call option has become the most favored bet, with a notional open interest of nearly $1.2B.
THANHBINH (, )//
@RICEWINE77
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Apr 12 That’s when Bitcoin ETFs got the green light for options trading and it was a game changer.Why? Because it turned Bitcoin from just a “store of value” into a yield generating asset.Investors can now sell covered calls to earn premium income.Others can sell cash
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