Bitcoin traders are increasingly selling put options, a strategy resembling offering insurance against price drops. By holding stablecoins, these traders can ensure they can buy Bitcoin if prices fall and the option is exercised. This approach not only allows them to collect premiums from put buyers but also signals a long-term bullish outlook for Bitcoin. ...
Recent data from the Deribit options exchange reveals an increasing demand for put options at an $80,000 strike price, particularly for contracts expiring on April 4, following Donald Trump’s anticipated announcement on global tariffs. This surge indicates a growing need for downside protection amid Market uncertainty. Notably, the put-call ratio stands at 1.4 for this ...
Recent data from the Deribit options exchange shows that many investors are seeking protection against potential losses in Bitcoin, particularly ahead of Donald Trump’s anticipated announcement about new global tariffs. Open interest for put options with a strike price of $80,000, expiring on April 4, indicates a significant buyer sentiment towards these contracts. This reflects ...
Recent trading activity in put options linked to BlackRock’s Nasdaq-listed spot bitcoin ETF (IBIT) has raised eyebrows, as over 13,000 contracts of the $30 out-of-the-money put option changed hands. This could suggest bearish sentiment, but experts believe that many Market participants are using a strategy called “cash-secured put selling.” Instead of betting against the ETF, ...
