What's Up With Bitcoin?

MAY 17, 2021 • 2 Min Read

Ashwath Balakrishnan + 1 other Jeremy Ong Ashwath Balakrishnan

Data Digest

  • Change in BTC options OI by strike price
  • Deribit futures flash crash amidst put buying
  • BTC OI declines with price, but volume increases
  • BTC options implied volatility rockets

Key Takeaways

  • A barrage of put buying ensued over the weekend as BTC closed the week down 20%.
  • Puts for the Dec. 2021 expiry have been the biggest hit amongst insurance buyers.

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    Ashwath Balakrishnan + 1 other Jeremy Ong Ashwath Balakrishnan