Traders buy call options as Bitcoin approaches $68,000 and put options as it approaches $66,000
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Odaily Planet Daily Report: Yev Feldman, co-founder of , which provides derivatives such as swaps and options to U.S. digital asset investors, said, "We see traders buying call options near $68,000 and buying put options near $66,000, in other words, many people are constantly adjusting their positions for Bitcoin to break through both ends further, but there are limited reasons for Bitcoin to plummet sharply after the U.S. presidential election, so betting on an upward trend makes more sense." Data shows that the open interest of call options expiring on November 29 is concentrated around $80,000, and the second most popular strike price is $70,000. The data shows that the open interest of call options expiring on December 27 is concentrated around $100,000 and $80,000, while the most popular strike price for call options expiring on November 8 is $75,000. (Bloomberg)
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