Analyst: Data shows that options traders continue to remain optimistic, with the majority believing that the trend is not over yet
BlockBeats News, August 20th, On-chain data analyst Murphy posted on social media, stating that according to the "Option Strike Heatmap" data, on August 19th, a large-scale call option activity occurred in the $123,708 to $129,685 price range, with a total option premium size of approximately $43.32 million. At the same time, there was no net buying below the spot price, indicating that traders were more willing to bet on BTC rising to this range and that there was little demand for put options, with almost no one actively buying downside protection.
On the other hand, relatively larger-scale put options were sold in the $97,709 to $102,430 price range, with a total option premium size of approximately $13.14 million. This suggests that option sellers find it unlikely for the price to drop to this level and choose to sell volatility.
Therefore, sentiment among option market traders remains optimistic; most still believe that BTC's trend is not over and are betting that it can return to $124,000. Option sellers, on the other hand, believe that BTC's maximum volatility is unlikely to fall below $102,000.
You may also like
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
Strategy Founder: The Next 10 Years of Bitcoin
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat
Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
