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Com TW NOw News 2024

US Election-Linked Bitcoin (BTC) Options Attract Nearly 0 Million in Open Interest
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US Election-Linked Bitcoin (BTC) Options Attract Nearly $350 Million in Open Interest

The $80,000 strike call option is the most popular, with open interest of over $39 million. Overall, open interest is concentrated in higher strike calls, starting at $70,000 and going up to $140,000. That’s a sign that traders are positioning for new all-time highs around election time.