Options


Markets

Bitcoin Options Traders, Burned by Last Month’s CPI Report, Now Seek Downside Protection

Investors seem worried the impending U.S. inflation report may inject renewed downside volatility in bitcoin and are preparing for the same.

Bitcoin investors take bets offering downside protection (Pixabay)

Markets

Interest Surges in Bitcoin Speculation, But It Might Be Bearish

Open interest in bitcoin perpetual swaps – a type of leveraged trading contract in cryptocurrency markets – has spiked to an all-time high.

Open interest in bitcoin perpetual swaps spiked to an all-time high of 450,000 BTC on Tuesday. (Arcane Research)

Finance

Crypto Options Trading Startup Synquote Raises $2.8M From Initialized, Polygon

The company will look to expand its platform for trading derivatives contracts in tokens that don’t usually have such markets.

Traders have never seen anything like the cryptocurrency options trading happening these days in decentralized finance. (Thomas Shotter Boys, 1842/Art Institute of Chicago, modified by CoinDesk)

Markets

Ether, Bitcoin Could See Turbulence as Open Interest Leverage Ratio Soars to Record High

"The rising ratio indicates open interest is outpacing market size and increases the risk of volatility," one researcher said.

Gráfico de relación de apalancamiento de interés abierto de futuros perpetuos para ether y bitcoin. (Decontrol Park Capital, Glassnode)

Markets

Large Ether Traders Position for Volatility Spike as Merge Draws Near

Block traders are buying ether strangles, which involves buying both bullish and bearish option contracts.

Traders de ether están comprando contratos de opciones tanto alcistas como bajistas antes de la fusión. (PublicDomainPictures/Pixabay)

Finance

Cboe Digital Names Jump Crypto, Robinhood and DRW Among Expected Equity Partners

The new digital entity will operate the existing spot, derivative and clearing platforms of ErisX, which Cboe recently acquired.

The CBOE (Getty Images)

Markets

3 Reasons Bitcoin Is Staying Resilient to Powell's Hawkish Remarks

The inversion of the yield curve signals the Fed may compromise in the future, so it's a good sign in part, one trader said.

Bitcoin tops $43K even as Powell opens the doors for a 50 basis point rate hike. (CoinDesk, Highcharts.com)

Markets

Large Ether Options Flow Guards Against Price Slide Below $2.2K

Sophisticated traders bought put options to protect against a continued ether price drop, one observer said.

Chart showing a big rise in the number of open positions in ETH $2,200 put expiring on March 18 (Laevitas)

Markets

Bearish Sentiment Grips Bitcoin Ahead of $3B Options Expiry

Bitcoin’s put options become pricier amid Fed rate hike fears.

Bitcoin: November expiry options open interest (Deribit)