"Bitcoin Option Investors Expect Reduced Volatility"

Son Min

Summary

Bitcoin option investors have stated that they expect reduced Bitcoin volatility.
The option premium hit an all-time high, but most of it was call option premium.
Investors are reportedly expecting price stability and reduced volatility rather than a price decrease.

Bitcoin (BTC) option investors are reportedly expecting reduced volatility in Bitcoin (BTC).

On the 19th (local time), Glassnode announced via X (formerly Twitter), "Last Friday, the Bitcoin option premium reached an all-time high of $226 million," adding, "Of this, 69% was call option premium."

They further stated, "The previous day's option premium fell sharply to $18 million. Most put options were sold, while there were no changes in call options," and explained, "This suggests that investors are expecting price stability and decreased volatility rather than a price decline."

BTC