Bitcoin options traders bet $2.1B on $95K strike expiring Oct 30
- —The Oct. 30 $95,000 call is the biggest position: 24,398 BTC worth $2.1 billion
- —Total options OI for that expiry is $10.7 billion, with a put/call ratio of 0.4
- —Futures OI has dropped to $25.6 billion from a $29.3 billion peak on Sept. 21
- —DVOL at 36.23 is lower than on 95% of trading days since 2021
Why it matters: If futures OI climbs back above $29 billion with BTC above $90,000, it would signal futures traders are joining the bullish options bet.
Source: Blockmedia