Bitcoin options

Coinbase

2026-10-01 12:37:04

Coinbase says short-dated Ethereum options reprice higher as call demand picks up

Coinbase Markets said in a post on X that roughly $16 billion in Bitcoin options expired last Friday, and that Ethereum’s short-dated options were sharply repriced after the third-quarter expiry. The move was concentrated at the front end of the curve rather than in longer maturities. According to Coinbase Markets, implied volatility for 7-day at-the-money options jumped by nearly 10 volatility points, while longer-dated volatility stayed relatively stable. At the same time, the 7-day 25-delta skew turned positive, meaning call options were trading at a premium to puts. The desk said the repricing was focused on the short end and that demand was leaning to the upside. The comments were attributed to the Coinbase Markets account on X, as cited by Techub News.

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Gate

2026-10-01 05:22:21

Gate says new-user options volume rose about 180% in September through Sept. 29

Gate said its options business posted broad month-on-month growth in September, with new-user activity rising sharply by Sept. 29. According to official data cited by Odaily, cumulative September options trading volume was up about 18.7% from the whole of August, while premium trading volume increased about 141.3%. Over the same period, new-user trading volume climbed about 180.0%, and average trading volume per new user rose about 179.2%, indicating larger trade size and higher activity among first-time participants on the platform. The update also included a snapshot of the Bitcoin options market as of Sept. 30 at 14:00 UTC+8. Open interest was tilted toward calls, with 234,389.80 BTC, or 64.54% of total open interest, versus 128,761.00 BTC in puts, or 35.46%. Over the past 24 hours, however, executed volume was nearly balanced: call options accounted for 10,896.40 BTC, or 51.27%, while put options reached 10,357.20 BTC, or 48.73%. Gate said the open-interest structure still leaned bullish in composition, but the near-even split in the last 24 hours was not enough on its own to determine market direction. The exchange also said its "Options Rookie Season" campaign is now live for new users.

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Bitcoin

2026-09-30 13:18:16

David Lawant Says Bitcoin May Be Entering a New Bullish Regime, Citing Options Market Signals

Bitcoin Magazine highlighted comments from David Lawant, head of research at Anchorage Digital, who said Bitcoin may be entering a new bullish regime based on signals from the derivatives market. The discussion centered on Bitcoin futures open interest rising back above $50 billion for the first time this year, a move Lawant described as a sign of market vitality rather than an automatic warning on leverage. According to the program summary, Lawant pointed to rising spot trading volume and thinner order books as signs that the market could be in the early phase of an upward shift. The episode also covered how to read Bitcoin market structure beyond open interest, the role of a liquidity absorption ratio, and what options data can reveal that spot price alone may not show. Other topics listed in the episode chapters included the $60 billion Bitcoin options market, the volatility curve, elevated short-dated Bitcoin volatility in 2026, lessons from Anchorage’s 37,000 covered call backtests, and how ETFs and treasury companies are changing price discovery. Bitcoin Magazine also included a disclaimer stating that the views expressed were those of the participants and were provided for informational and educational purposes only.

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Bitcoin

2026-09-30 13:20:56

Bitcoin futures open interest climbs back above $50 billion for the first time this year

Bitcoin futures open interest has moved back above $50 billion for the first time this year, according to Bitcoin Magazine. David Lawant, head of research at Anchorage Digital, said the move should not be read as a warning sign of excessive leverage. In his view, it reflects stronger market activity instead. Lawant pointed to rising spot trading volume and thinner order books as signs that Bitcoin may be entering an early stage of market recovery. He also discussed the liquidity absorption ratio as a way to identify shifts in Bitcoin market structure. His analysis also covered the roughly $60 billion Bitcoin options market and the volatility curve, including why short-dated Bitcoin volatility has remained elevated in 2026. Lawant said options data can reveal information that price action alone does not show. He also shared Anchorage’s experience from 37,000 covered call backtests and discussed how ETFs and treasury companies are changing Bitcoin’s price discovery process.

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Policy Regula

2026-09-26 09:56:45

Treasury volatility jumps while Bitcoin DVOL slips toward its yearly low

U.S. Treasury volatility surged over two trading sessions, but Bitcoin options pricing moved the other way. According to data cited from the U.S. Treasury and Deribit, the ICE BofA MOVE Index climbed from 78.56 on Sept. 22 to 104.58 on Sept. 24, a gain of about 33% and its highest level since March 30. Over the same stretch, Deribit’s Bitcoin Volatility Index, or DVOL, fell from 37.4 to 36.04, then dropped again to around 34.3 by the evening of Sept. 26 Taipei time, close to this year’s low of 33.59 set on Sept. 17. The report said the Treasury sell-off was driven by a sharp rise in yields. The 10-year U.S. Treasury yield rose from 4.96% on Sept. 22 to 5.18% on Sept. 24, up 22 basis points in two days, before easing to 5.17% on Sept. 25. The 30-year yield moved from 5.29% to 5.47% over the same period and then reached 5.49% on Sept. 25. Meanwhile, Bitcoin’s 30-day realized volatility was about 42%, above the 34.3 implied by options, suggesting actual price swings have been larger than what the options market is pricing in.

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Bitcoin optio

2026-09-25 08:03:44

More Than $16.1 Billion in BTC and ETH Options Set to Expire on Sept. 25

A large quarterly options expiry is due on Sept. 25, according to a post on X by Greeks.live researcher Adam. He said 32% of open Bitcoin options positions and 40% of open Ethereum options positions will expire on that date. The batch includes 167,000 BTC options contracts and 789,000 ETH options contracts, with a combined notional value of more than $16.1 billion. Adam also shared key positioning metrics ahead of expiry. For Bitcoin options, the put-call ratio stands at 0.87 and the max pain point is $79,000. For Ethereum options, the put-call ratio is 0.67 and the max pain point is $2,380. He added that rollover activity has been the main driver of trading over the past two days, while volatility risk premiums across major tenors have moved lower. Around the quarterly expiry, gamma exposure, or GEX, is concentrated near $84,000.

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Coinbase Mark

2026-09-15 04:46:01

Coinbase Markets says roughly $16.6 billion in BTC and ETH options will expire in Q3 2026

Coinbase Markets said about $16.6 billion in Bitcoin and Ether options positions are set to expire in the third quarter of 2026. For Bitcoin, the notional value stands at about $14.73 billion, with 186,000 contracts in open interest, a put-to-call ratio of 0.52, and a max pain point at $72,000. The largest concentration of bullish positioning is near the $70,000 strike, while sizable upside open interest also sits at $85,000 and $90,000, with additional distribution near $100,000. For Ether, the notional value is about $1.92 billion, with 756,100 contracts in open interest, a put-to-call ratio of 0.57, and a max pain point at $2,200. Coinbase Markets said the largest call concentration remains at $30,000, representing about 43,000 contracts. Across both markets, call open interest exceeds put open interest, and positions expiring in the third quarter are tilted toward higher strike prices.

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Bitcoin

2026-09-14 16:21:05

Bitcoin futures open interest reaches 676,820 BTC, with Binance holding 21.1% share

Bitcoin futures open interest stands at 676,820 BTC, valued at $52.64 billion, according to Bitcoin News. Binance accounts for 142,870 BTC of that total, worth $11.11 billion, giving the exchange a 21.1% share of the market. In the options market, open interest in BTC call options is reported at 305,530.06 BTC, representing 61.39%, while put options stand at 192,126.29 BTC, or 38.61%. The report also said 25-delta skew turned positive on Aug. 20, marking the first such shift in 12 months. The figures point to the current distribution across Bitcoin derivatives positions, covering both futures and options.

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