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 <p class="is-style-lead">In response to Bitcoin’s recent price fluctuations, the <a rel="noopener noreferrer nofollow" title="options" href="https://thebittimes.com/tag/options.html">options</a> market is showing heightened activity, particularly with a focus on call <a rel="noopener noreferrer nofollow" title="options" href="https://thebittimes.com/tag/options.html">options</a> at a $50,000 strike price set to expire on Jan. 26.</p>
 <p>According to Deribit data, over 8,300 contracts, valued at $376 million, are outstanding at this strike price, suggesting a notable anticipation of a potential rise in Bitcoin’s value.</p>
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 <p>Across all expiry dates on Deribit, there are more than 21,800 contracts for calls at $50,000, totaling a notional value of $926 million. Additionally, Velo Data highlights a skew towards higher strike prices, particularly at $60,000 for the Jan. 26 expiry.</p>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="536" src="https://cdn.thebittimes.com/images/2024/01/04/fca5e63feab6dab5a1a7a2085a297120.webp" alt="Deribit sees significant interest in $50k Bitcoin call options - 2" class="wp-image-14234164">
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   Bitcoin’s call options at $60,000 strike price | Velo Data
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 <p>High-leverage trading allows traders to control positions with less capital and can amplify profits and intensify losses. Recent market volatility led to the liquidation of over $147 million in Bitcoin (BTC) positions, mainly affecting longs.</p>
 <p>In the last 24 hours, the crypto market experienced a total of $642 million in liquidations across centralized exchanges, emphasizing the importance of risk management in such conditions. Bitcoin’s price retraced over 6% to below $43,000 after reaching a year-to-date high of $45,800.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/deribit-sees-significant-interest-in-50k-bitcoin-call-options-tbt75497.html">https://thebittimes.com/deribit-sees-significant-interest-in-50k-bitcoin-call-options-tbt75497.html</a></p>

Deribit sees significant interest in $50k Bitcoin call options

TheBitTimes

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