According to Coinglass data, the outstanding Bitcoin options contracts have surged to a historical high of approximately $20 billion. The increase in outstanding contracts suggests higher liquidity and greater market participation. In the last 24 hours, the majority of traded options have been call options, accounting for 60% of the total, while put options make up only 40%.
Furthermore, as per Velo Data, most active Bitcoin options are bullish call options expiring on January 26th, with a strike price of $50,000.
Furthermore, as per Velo Data, most active Bitcoin options are bullish call options expiring on January 26th, with a strike price of $50,000.