“Traders appear to be snapping up bitcoin call options at the $100k strike price. Per CF Benchmarks’ data, the 30-day constant maturity 25 delta skew has now breached the 5 vol threshold, a near YTD high, which implies that there is much greater demand for upside exposure,” Thomas Erdösi, head of product at CF Benchmarks, told CoinDesk in an email.
Bitcoin (BTC) Traders Make $100K Price Bets Through CME Options: CF Benchmarks
