From TokenPost · · 50s
Bitcoin Options OI Hits $37.39 Billion
Bitcoin options open interest reaches $37.39 billion as top volume contracts cluster in puts.
In brief
Bitcoin options open interest reaches $37.39 billion as top volume contracts cluster in puts. Bitcoin options open interest stands at $37.39 billion with a call option lead but concentrated put activity in short-term hedging. Originally reported by TokenPost.
Bitcoin Options Open Interest
Bitcoin options open interest stood at $37.39 billion as of 9:40 a.m. on Oct. 10, down 1.19% from the previous day.
Top Volume Contracts Cluster in Puts
The top contracts by 24-hour volume were the $88,000 put expiring Oct. 30 on Deribit, the $78,000 put expiring Oct. 16 on Deribit and the $82,000 put expiring Oct. 23 on Deribit.
Call Option Lead Indicates Medium-Term Upside
Calls held 60.34% of open interest and 51.08% of volume, suggesting medium-term positioning tilted toward the upside.
At a glance
Bitcoin options open interest stands at $37.39 billion with a call option lead but concentrated put activity in short-term hedging.
