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."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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