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Bitcoin Options Open Interest Hits $11.7 Billion for Oct. 30

Bitcoin Options Open Interest Hits $11.7 Billion for Oct. 30

Photo: TokenPost

Bitcoin (BTC) options expiring Oct. 30 have $11.7 billion in open interest, with calls outnumbering puts by more than 2-to-1. The position is concentrated at strike prices of $90,000, $95,000 and $100,000. The Oct. 30 contracts carry more than nine times the open interest of options expiring Oct. 16, which hold $1.28 billion. The earlier expiration has a put/call ratio of 1.44, meaning put contracts exceed call contracts in that group. Put options for the Oct. 16 expiration are concentrated between $76,000 and $80,000 in strike prices.

Source: TokenPost

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