Bitcoin’s (BTC) 17.5% rally between March 16 and March 22 surprised options traders betting on price levels below $26,000. The movement resulted from investors seeking protection against persistent inflation and the ongoing banking crisis.Bitcoin bulls have been paying close attention to the negative effects of near-zero interest rates between April 1.2BBitcoinBullscorrectsExpiryFedFridaysHikeoptionsPreparedRate Read More
A put option that expires at $2 is selling for 76 cents on options marketplace Clober.
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The rejection that followed Bitcoin's (BTC) rally to $26,500 may appear to be a victory for bears, but $24,750 on March 14 was the highest daily close in nine months. Furthermore, Bitcoin has gained 26.5% since March 10, when the California Department of Financial Protection and Innovation shut down Silicon 440MbearsBitcoinExpiryFaceFridaysLossoptions Read More
The token was trading at $0.25 ahead of the launch of Ribbon’s on-chain options exchange, Aevo.
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Bybit and Deribit calculate the payoff or profit/loss from the options trade, referencing the dollar value of the underlying asset (BTC). However, at Deribit, the actual settlement is paid in BTC, while Bybit uses USDC. Settlement refers to resolving the contract between trading parties through exchange of cash or actual afraidBitcoincryptoexchangeExchangesMarketoptionsUSDCVolatility Read More
On Deribit, one options contract represents 1 BTC and 1 ETH. The exchange controls more than 80% of the global crypto options market. Options give traders the right to buy or sell the underlying asset, in this case, bitcoin, at a specific price, known as a strike, by a stated BankBitcoinBreedDeribitfailuresHighestHitsLevelMonthsoptionsVolatilityVolume Read More
At press time, the 30-day bitcoin skew, derived by looking at the difference in implied volatility/demand for cheap out-of-the-money (OTM) calls and OTM put options expiring in four weeks, shows the strongest bias for bearish put options in over two months.
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Bitcoin (BTC) fell below a four-day narrow trading range near $22,400 on March 7 following comments by United States Federal Reserve Chair Jerome Powell before the Senate Banking Committee. During the congressional appearance, the Fed chairman warned that he bank is prepared to tame inflation by pushing for more significant 565MBitcoinBullsDesireExpiryObliteratedoptionsReversalTrendWeeks Read More
Volatility is mean-reverting and has a positive impact on options prices. In other words, periods of unusually low volatility are followed by increased price turbulence, which, in turn, boosts demand for options, making them pricier. Thus, traders tend to buy options when volatility is lower than its long-term average.
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Unity, a gaming engine development company, has announced the introduction of several blockchain-based integration options to its platform. The new options offer opportunities for developers, that will be able to take advantage of digital identity, tokens, non-fungible tokens (NFTs), and other technologies with direct integration into the Unity engine.
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