Bitcoin options data from Deribit reveals a significant concentration of open interest in call options with a $100,000 strike price expiring on January 30. These options have a nominal value more than double that of the $80,000 put options expiring on the same date. Jake Ostrovskis, head of OTC at Wintermute, noted that while the position sizes are not large, they are directionally consistent. The options curve still shows some bearish premium, but it has notably decreased, indicating a stabilization in market sentiment.
Bitcoin Options Show Bullish Sentiment with $100K Strike
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