Bitcoin options OI hits $38.27 billion as $74,000 put leads trading

Bitcoin options open interest rose 1.07% to $38.27 billion, while the $74,000 put recorded the highest trading volume. Medium-term positioning favored calls, but daily trading tilted toward puts, signaling greater near-term caution. As of Oct. 19, total Bitcoin options open interest stood at $38.27 billion, up from $37.86 billion previously. Options trading volume totaled about $3.39 billion. Calls accounted for 59.9% of open interest, compared with 40.1% for puts. By 24-hour volume, calls represented 44.1% and puts 55.9%. The call-heavy open-interest mix indicates that medium-term positions remain weighted toward the upside. The higher share of puts in trading volume may reflect demand for protection against near-term downside volatility. The largest open-interest contracts were the $95,000 call expiring Oct.

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