Bitcoin October 30 options open interest hits $11.7B, calls double puts
- —October 30 expiry open interest is $11.7 billion, about 9x the October 16 expiry
- —October 16 expiry has $1.28 billion in open interest and a put/call ratio of 1.44
- —Puts are concentrated at the $76,000–80,000 strikes
- —Calls outnumber puts two-to-one, with focus on $90,000, $95,000 and $100,000 strikes
Why it matters: The options structure suggests most traders are positioned for bitcoin upside into late October, though open interest alone does not determine price direction.
Source: TokenPost