The outstanding Bitcoin options contracts have reached a historical high of approximately $20 billion.

Fcuine

New Member
Aug 10, 2023
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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.