Amberdata data shows that call-over $95,000 and $100,000 puts saw the largest volume of unpositioned squaring contracts in the past 24 hours, with demand for $75,000 and $70,000 range puts also increasing. Luke Nolan, a research assistant at crypto asset manager CoinShares, said that the current concentration of put option unpositioned squaring contracts is mainly at the end of December and the end of January next year, and partly at the end of February next year, which is logically reasonable t...
According to the options market activity data on Deribit tracked by Amberdata, the "Butterfly Index" of the BTC options market, which measures the volatility of out-of-the-money (OTM) 25-delta (🥰 25) calls and puts relative to at-the-money (ATM) options close to the spot price, has risen significantly. The surge in the index indicates that the market is expecting more extreme volatility. Amberdata Derivative...
According to Amberdata, some traders bought a large number of Ethereum September expiration call options at a strike price of $4,000 on cryptocurrency exchange Deribit. Greg Magadini, director of derivatives at Amberdata, said: "Looking at the block flow this week, we are seeing a lot of buying activity for September $4,000 calls. If ETH rises above $4,000". We may test and break new all-time highs. "
According to Amberdata, during the recent BTC price pullback, the one, two, three, and six-month skew has remained positive, indicating a bullish or upside bias. Only the seven-day skew turned negative, indicating the need for downside protection. Bitcoin has decoupled from the Nasdaq's upward trend in recent weeks, largely due to selling by long-term holders and miners, as well as growing talk about the non-directionality of ETF inflows. On Thursday, the German government moved $425 million wor...