Bitcoin (BTC) Traders Target $20K BTC Strike as Deep Out of the Money Options Gain Traction
Deep out-of-the-money (OTM) bitcoin BTC$89,954.33 put options are lighting up in longer-dated expiries, as traders pick up cheap lottery tickets for potential moonshot payoffs if BTC swings wild. On leading crypto options exchange Deribit, the $20,000 strike put is the second most popular among the June 2026 expiry options, boasting a notional open interest of...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
