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LINK $9.41 -3.90%
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AAVE $112.92 -2.96%
SUI $0.9688 -6.20%
XLM $0.1703 -2.48%
ZEC $324.86 -5.56%
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Traders use IBIT options to bet on BlackRock's Bitcoin ETF doubling in price

2024-11-20 15:31:17
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ChainCatcher news, according to Coindesk, some traders are betting that the ETF price will double to $100, with IBIT closing at $52.70 yesterday.

ConvexValue data shows that the trading volume of call options with a strike price of $100 has exceeded 32,000 contracts. Most of the value occurred in options that expire on December 12, which is also the most popular settlement price overall, accounting for 40% of the total trading volume of 354,000 contracts.

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