record of call options on Deribit after Trump’s announcement
The post record of call options on Deribit after Trump’s announcement appeared on BitcoinEthereumNews.com.
After Trump’s statements on the strategic reserve in cryptocurrencies, and the rebound of Bitcoin’s price, on Deribit the hypothesis of a return to $100,000 is gaining traction. According to Amberdata, the number of active positions on call options with a strike at $100,000 has increased by 1,163 contracts (more than 100 million dollars) on Deribit. This is the highest figure among all options listed on the exchange. Deribit: record of call options on Bitcoin with a strike at $100k after Trump’s announcement on the strategic crypto reserve Deribit is absolutely one of the main markets in the world for options on the price of Bitcoin. This is a professional-level platform for the exchange of crypto derivative products, and in particular options. At this moment, the Open Interest on Bitcoin options expiring at the end of the month on Deribit reaches almost 11 billion dollars. Considering, instead, all expirations and all crypto, it rises to more than 24 billion dollars, out of a total slightly below 32 billion across all crypto exchanges. Note that at this moment 66% of the Open Interest is on call options (i.e., purchase), while on put options it is only at 34%. Options are derivatives that allow those who purchase them to sell (put) or buy (call) an asset at a given moment at a certain predefined price. The options on Bitcoin After yesterday’s statements by Trump, the call option with a strike of $100,000 on Deribit recorded the largest jump in terms of open interest in the last 24 hours. This means that many speculators have purchased call options on Bitcoin relative to that price. Furthermore, yesterday’s rebound also reversed the trend, with call options ending up surpassing puts in Open Interest. Note that yesterday the rebound of BTC stopped at $95,000, so the jump…
Filed under: News - @ March 3, 2025 4:28 pm