Bitcoin's $16 billion quarterly options settlement arrives with a 'call-heavy' book

Nearly $18 billion in bitcoin and ether options will expire on Friday, potentially reshaping dealer hedging flows and short-term volatility.
Nearly $18 billion in bitcoin and ether options will expire on Friday, potentially reshaping dealer hedging flows and short-term volatility.
Prices at the time of writing, on 23 September: Bitcoin (BTC) at $83,906, which slipped 3.0% over the previous day and climbed 11.2% across the week. The wider market slipped 2.7% over the same span, with total capitalisation at $2.93T.
Our own momentum signal on Bitcoin reads 58 out of 100 — neutral — weighting the 24-hour move twice the seven-day one. Fifty is flat; the venue or filing has no say in that score.