🤑 Crypto’s $5B Options Party: Bulls vs. Bears in a Circus of Chaos! 🎪
This week’s tranche of contracts, with a put/call ratio of 0.90, presents a tableau of perfect equilibrium: bulls and bears locked in a waltz, neither gaining the upper hand. 🕺🐻 Open interest, that fickle mistress, peaks at $140,000, surging to $3.2 billion on Deribit. And at $120,000? Another $2.4 billion, as the bulls, ever optimistic, pile on. Meanwhile, lower strike prices wither like a forgotten manuscript. 📉






