[Bitcoin options] Open interest at $550.03 million as puts lead 24-hour trading

Image: TokenPost
Calls led open interest across Bitcoin options expiries, while puts dominated trading over the past 24 hours. The October 31 expiry showed a heavier concentration of puts in both outstanding positions and trading. The put/call open-interest ratio across all expiries stood at 0.70, compared with a 24-hour trading ratio of 1.62, highlighting the difference between accumulated positions and recent activity. As of October 30 at 12:41 UTC, options expiring on October 31 had 7,120 outstanding contracts with a notional value of approximately $550.03 million. Call open interest for that expiry totaled 3,172 contracts, compared with 3,948 puts, producing a put/call ratio of 1.24. Puts also led trading in the October 31 contracts, with 4,711 contracts traded against 2,034 calls.
Read the full story on TokenPostBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.







