Bitcoin's $6 Billion Expiry Countdown: $82K Call Options Gain Momentum
— CoinDesk
Bitcoin sees strong positioning in $82,000 call options ahead of expiry.
Ahead of a $6 billion expiry, Bitcoin traders are heavily buying $82,000 call options.
- Deribit's Bitcoin open interest surpasses BlackRock’s IBIT.
- Traders focus on $82,000 call options before May 29 expiry.
- A tug of war between $75K max pain and $80K call positions unfolds.
High open interest and call option activity can increase volatility and influence price direction near expiry.