Markets· ★★★· neutral·

Bitcoin options price a quiet CPI week as puts cluster at $76,000–$80,000

  • —Oct. 16 expiry holds 15,502 BTC in options: 9,128 BTC in puts and 6,373 BTC in calls, put-to-call ratio 1.43
  • —Puts at $80,000 total $188 million, $78,000 holds $162 million and $76,000 about $101 million in notional
  • —Call exposure: $94 million at $90,000, $70 million at $87,000 and $55 million at $85,000
  • —Seven-day at-the-money implied volatility dropped to 32.01% from about 34.5% a week earlier
Why it matters: The positioning sets up a binary CPI reaction: hot inflation could push BTC toward the $78,000–80,000 put wall, while a soft print opens the path to $90,000 calls.
Source: CryptoSlate