Options


Markets

3 Reasons Bitcoin Is Staying Resilient to Powell's Hawkish Remarks

The inversion of the yield curve signals the Fed may compromise in the future, so it's a good sign in part, one trader said.

Bitcoin tops $43K even as Powell opens the doors for a 50 basis point rate hike. (CoinDesk, Highcharts.com)

Markets

Large Ether Options Flow Guards Against Price Slide Below $2.2K

Sophisticated traders bought put options to protect against a continued ether price drop, one observer said.

Chart showing a big rise in the number of open positions in ETH $2,200 put expiring on March 18 (Laevitas)

Markets

Bearish Sentiment Grips Bitcoin Ahead of $3B Options Expiry

Bitcoin’s put options become pricier amid Fed rate hike fears.

Bitcoin: November expiry options open interest (Deribit)

Markets

Crypto Options Traders Turn to DeFi for Altcoin Bets as QCP Slings $1B

The Singapore-based firm QCP now trades more than $1B of crypto options per month using decentralized financial applications, including $1 million worth of AAVE options recently with Ribbon Finance.

Traders have never seen anything like the cryptocurrency options trading happening these days in decentralized finance. (Thomas Shotter Boys, 1842/Art Institute of Chicago, modified by CoinDesk)

Markets

Institutions Snap Up Ether $5K Call, Bitcoin Risks Double Top as RBA Official Warns of FOMO Meltdown

Bitcoin appears exhausted, having failed to chart a convincing breakout beyond April highs for almost four weeks.

Bitcoin's daily chart showing a double top pattern on Nov. 18 (Joel Kruger, TradingView)

Markets

Open Positions in Ether ‘Calls’ Hits 1 Million Mark as Traders Pile Onto Higher Strike Options

Open interest in ETH call options, or bullish bets, is twice more than that in puts.

ETH open interest in calls and puts (Laevitas)

Markets

What Bitcoin and Ether’s Options Tell Us About Their Maturity

Higher options volume relative to spot is a sign of a developed market and can help with price discovery.

Source: Skew, Bitstamp, Coinbase, FTX, Gemini, ItBit, Kraken, LMAX Digital.

Markets

Lower Trading Volatility in 2021 Crypto Bull Runs Signals Maturing Market

Traders appear to have been calmer this year as bitcoin matures as an investment asset.

Credit: Nicholas Cappello/Unsplash

Markets

Bitcoin Options Open Interest Tops $14B as ProShares ETF ‘BITO’ Goes Live

A pickup in options activity ahead of bitcoin’s ETF listing signifies increased participation by sophisticated investors.

Dollar value of bitcoin's options open interest (bybt)