Bloomberg analyst: Traders are betting that bitcoin will double next month
2024-11-19 23:00:02
Eric Balchunas, senior ETF analyst at Bloomberg, wrote on the X platform: "So far, there are hundreds of millions of dollars of options traded on BlackRock IBIT (a lot on the first day of listing). Ranking by contract volume shows that it is almost all call options. It looks very optimistic, especially the C100 on December 20, which is basically a bet that the price of bitcoin will double in the next month."
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