Bitcoin’s options market is large, liquid, and (at the moment) unusually concentrated. Total open interest stands near $55.76 billion, with Deribit carrying $46.24 billion of that stack, far ahead of CME at $4.50 billion, OKX at $3.17 billion, Bybit at $1.29 billion, and Binance at $558.42 million, while spot trades in the $92,479.90 area. The […]
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When crypto sells off, the market doesn’t so much walk down the stairs as it slips on the first step and discovers there never were any handrails. Everyone knows why: perps are a stadium, options are a side alley, and insurance in a storm is hard to buy. Paolo Ardoino, the CTO of Bitfinex, knows […]
The post Bitfinex’s options playbook: Ardoino on building rails that won’t snap appeared first on CryptoSlate.
The strategy bets on a measured rally into the year-end, rather than a record-breaking surge.
Put options have dominated trading activity over the past week.
The price of bitcoin has dropped over 25% to $91,000 since Oct. 8.
Large traders are employing divergent options strategies in a directionless market.
Traders eye potential volatility as bitcoin hovers near max pain around $114,000 and ether nears $4,000.
DBS said the deal involved trading cash-settled OTC bitcoin and ether options.
Open interest across CME’s regulated markets jumped 27% since Oct. 10, signaling growing conviction among large traders.
A bearish bet that bitcoin will fall to $100,000 or less is becoming just as popular as bullish bets on higher prices.
XRP, SOL options flash renewed bullish signal, contrasting bitcoin and ether.
Bitcoin has surged to record highs above $126,000, consistent with the bullish seasonality.
BTC rose to a record high of over $125,000 Sunday, extending the weekly gain to 11.5%.
The new offering comes as there is an increasing demand for hedging instruments across the full spectrum of crypto products.
Open interest in IBIT contracts hit nearly $38 billion after Friday’s expiry, versus $32 billion on Deribit, which had dominated the market since 2016.
Unchained and analyst Checkmate highlight how iShares Bitcoin Trust leveraged ETF options have reshaped flows and bitcoin’s volatility profile.
Bitcoin (BTC) puts trade at a premium across all time frames.
Crypto holds steady into Wednesday’s FOMC as ETF inflows rebuild and traders mostly price a 25 bps cut, with small odds of a 50 bps pivot.
The Fed is expected to cut rates by 25bps on Wednesday.
BTC and ETH 25-delta risk reversals trade negative, indicating a bias for downside protection ahead of the inflation data.
Options data from Deribit reveals a striking divergence in sentiment for major cryptocurrencies.
Crypto options platform PowerTrade reports that traders are betting on a strong year-end rally in several altcoins, including SOL, XRP, TRUMP, HYPE, LINK.
One million contracts of the $4 XRP call option expiring on Dec. 26 changed hands via a block trade on Monday.
ETH is nearing its all-time high, with analysts predicting further upside potential.
A higher-than-expected CPI could dampen Fed rate cut bets and weigh on risk assets, including bitcoin.
The net gamma exposure of dealers in the Deribit-listed ether options market is negative between $4,000 and $4,400.
A long straddle represents a bullish bet on volatility.
This option is particularly appealing when implied volatility is low, providing a 'perfect entry' for a slightly higher premium, Orbit Markets said.
Bitcoin's long-term bullish sentiment has turned neutral as options market indicators show a shift in market sentiment.
Market sentiment has shifted against ether, with downside insurance premiums costlier than for bitcoin.