Home Cryptocurrency U.S. Elections-Linked Bitcoin (BTC) Options Draw Nearly $350M in Open Interest

U.S. Elections-Linked Bitcoin (BTC) Options Draw Nearly $350M in Open Interest

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The call option at the strike price of $80,000 is the most popular, boasting an open interest of over $39 million. Broadly speaking, open interest is mainly concentrated in higher strike calls, starting from $70,000 to $140,000. That’s a sign of traders positioning for new record highs around the election time.

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