Deribit Bitcoin Calls Cluster at $95,000 Before Oct. 30 Expiry

Bitcoin (BTC) options positioning is concentrated at higher strikes on Deribit, with approximately $4.53 billion in call open interest across the $90,000, $95,000 and $100,000 levels for Oct. 30 expiration. Bitcoin was trading at $82,954 at 11:54 a.m. ET (15:54 UTC) on Oct. 10. The largest reported Deribit position was tied to $95,000 calls, which held 25,030.6 BTC in open interest, valued at about $2.07 billion using an $82,800 Bitcoin price. Deribit’s $90,000 calls represented 15,158 BTC of open interest, while Deribit’s $100,000 calls accounted for 14,561.8 BTC.

Source: TokenPost