$30.3 billion in Bitcoin options set to expire at year-end, with most call bets above $89,000 to $94,000. Bulls skeptical about price turnaround as $21.7 billion in call options may expire worthless. Deribit holds 80% of open interest, but bears remain in control unless BTC breaks $94,000.
Investors cautious in tech sector as Oracle’s debt protection costs surge. Oracle issued $26 billion in bonds this year, shares down 40% from all-time high. Bitcoin bulls add positions ahead of year-end expiry, signaling optimism remains despite failed attempts to reclaim $94,000.
Investors pricing in higher odds of US stimulus measures after Treasury Secretary confirms $2,000 tariff rebate. Trump calls for interest rate cuts. Bitcoin traders increase call option positions in $90,000 to $120,000 range. $94,000 key level to determine Bitcoin’s future momentum, bearish options strategies favored under $94,000.
Potential scenarios for year-end BTC options at Deribit: $86,000-$90,000 favors put instruments by $2.4 billion, $90,001-$94,000 favors puts by $1.5 billion, $94,001-$96,000 favors puts by $650 million, $96,001-$98,000 balanced outcome. Below $90,000 expiry negative for Bitcoin bulls, bearish options favored under $94,000.
Read more at Cointelegraph: Bitcoin Bears Aim For Victory In $30.3B Options Expiry
