2023-1-26 15:49 |
Definition The total amount of funds (USD Value) allocated in options contracts. Quick Take Options open interest is on the verge of breaking an all-time high. Currently, 345,000 BTC ($8B) has been allocated to options contracts. The all-time high occurred during the collapse of FTX back in November. The recent surge in options contracts is fuelled by CME, which now has 14% of the market. While options open interest by Bitcoin strike price for the end of the first quarter is now being called at $30,000. Options Open Interest: (Source: Glassnode) Options Open Interest by strike price: (Source: Glassnode)
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