Options open contracts hit new ATH – 468K Bitcoin Quick Take
- The total amount of funds in (USD value) allocated in options contracts.
- Options open interest just hit a new all-time high of 468,000 Bitcoin, equivalent to roughly $13 billion.
- This is the same notional value during the 2021 bull run — showing how many Bitcoin are allocated into options contracts.
- The strike price for March 31 shows a huge dominance for calls around $30,000 — set to place further resistance on the $30,000 mark.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
Latest Insights
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.