Bitcoin options open interest rises to $39.99B as $80K puts lead trading volume
- —Bitcoin options OI rose 3.88% to $39.99 billion
- —Calls account for 59.47% of OI, puts for 40.53%
- —The $80,000 put expiring Oct. 30 led 24-hour trading volume
- —Largest OI positions are $95,000, $90,000 and $100,000 calls
Why it matters: Rising OI with a call skew signals medium-term bullish positioning, while heavy $80,000 put volume shows traders hedging against a drop below that level.
Source: TokenPost