Well, he crypto options market is experiencing a surge in growth, driven by increasing adoption and maturation. Key trends include short-term turbulence versus long-term growth, with a focus on short volatility on elections and long positions on new all-time highs by the end of the year. Whale Activity Whales are taking a protectionist approach, with a focus on long-term optimism:
Puts: 40K is the most popular strike price, with 2562.5 contracts Focus: November 8, 2024, and March 28, 2025 Calls: Bets on 65K-100K by the end of the year Currently: Selling volatility at 60K-65K (November 8) Retail Activity Retail traders are taking an aggressive approach, with a focus on optimism:
Puts: Weak protection 60K-61K (October 2024) Calls: Focus on 95K-100K (December 2024) Summary Short-term Turbulence vs Long-term Growth: The crypto options market is experiencing short-term turbulence, but long-term growth is expected. Long on New ATH: Whales are taking long positions on new all-time highs by the end of the year.