Recent Trends in Crypto Options Market

8 באוק׳

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.

Data Source for Analysis: Deribit