Options Market Sees Unusual Activity Amidst Bitcoin’s Decline

Options Market Sees Unusual Activity Amidst Bitcoin’s Decline

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Source: TheMerkle.com

As Bitcoin prices continued to slide, the options market presented a peculiar scenario with a notable absence of put options being traded. 

According to data from Greekslive, the majority of trades yesterday were calls, indicating a bullish sentiment prevailing in the market.

The situation was particularly striking in the Ethereum options market, where call option trades constituted a staggering 90% of the total trades—a level of extreme share rarely witnessed. 

Bitcoin

Read More https://themerkle.com/options-market-sees-unusual-activity-amidst-bitcoins-decline/

The post "Options Market Sees Unusual Activity Amidst Bitcoin’s Decline" appeared first here TheMerkle.com.

Source: TheMerkle.com

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