{"id":34908,"date":"2021-01-18T15:27:47","date_gmt":"2021-01-18T13:27:47","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=34908"},"modified":"2025-08-28T22:47:07","modified_gmt":"2025-08-28T19:47:07","slug":"open-interest-in-bitcoin-options-hits-8-8-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/open-interest-in-bitcoin-options-hits-8-8-billion\/","title":{"rendered":"Open interest in Bitcoin options hits $8.8 billion"},"content":{"rendered":"

Open interest in Bitcoin options reached $8.8 billion ahead of the expiry of 45% of contracts.<\/p>\n

Against the backdrop of the asset’s two-month rally, open interest rose 118% to $8.4 billion. The total value of options expiring in 11 days stands at a record $3.8 billion.<\/p>\n

Deribit accounts for 85% of contracts. On January 29, 45% of Bitcoin options on the platform expire, with obligations settled for 94,060 BTC.<\/p>\n

\"Open<\/p>\n

Open interest in Bitcoin options on Deribit with different expiry dates. Data: genesisvolatility.io.<\/p>\n<\/div>\n

[simple_tooltip content=\u2019Shows the ratio of call and put options. A positive value indicates expectations of growth, negative \u2014 decline.\u2019]Delta[\/simple_tooltip] on the Deribit platform indicates that the last time bearish sentiment dominated the market was January 10, when Bitcoin’s price fell 15%.<\/p>\n

\"Delta<\/p>\n

Delta for Bitcoin options on Deribit. Data: genesisvolatility.io.<\/p>\n<\/div>\n

Since January 12, market sentiment has been upbeat, with the gauge rising above the 20 mark.<\/p>\n

For an explanation of options and how they work, see our explainer.<\/p>\n

As reported on December 21, the CME Bitcoin futures open interest reached a new high of $1.47 billion<\/a>.<\/p>\n

Follow ForkLog on Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Open interest in Bitcoin options reached $8.8 billion ahead of expiry of 45% of contracts.<\/p>\n","protected":false},"author":1,"featured_media":34909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1168],"class_list":["post-34908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-derivatives"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/34908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=34908"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/34908\/revisions"}],"predecessor-version":[{"id":34910,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/34908\/revisions\/34910"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/34909"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=34908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=34908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=34908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}