$BTC OPTIONS FLOW JUST FLASHED A $1.65B BULLISH SIGNAL 🔥
Body: This morning saw a massive surge in Bitcoin bullish options on a top-tier exchange — 25,766 BTC call options traded, with a notional value near $1.65 billion. The most active contract was the 70k/72k call spread expiring at month-end, representing nearly 10,000 lots.
The market is paying up for deep out-of-the-money calls roughly 10% above spot, yet the use of a low-cost spread suggests exploratory positioning rather than full conviction. With only two weeks until expiry, this structure carries a clear directional bias but also leaves room for hedging.
Are you scaling into calls here or waiting for a more aggressive signal?
Not financial advice. Always manage your risk.
#BTC #OptionsFlow #BullishSignal #Bitcoin
🔥
Body: This morning saw a massive surge in Bitcoin bullish options on a top-tier exchange — 25,766 BTC call options traded, with a notional value near $1.65 billion. The most active contract was the 70k/72k call spread expiring at month-end, representing nearly 10,000 lots.
The market is paying up for deep out-of-the-money calls roughly 10% above spot, yet the use of a low-cost spread suggests exploratory positioning rather than full conviction. With only two weeks until expiry, this structure carries a clear directional bias but also leaves room for hedging.
Are you scaling into calls here or waiting for a more aggressive signal?
Not financial advice. Always manage your risk.
#BTC #OptionsFlow #BullishSignal #Bitcoin
🔥