比特幣（BTC）期權市場將其看漲的賭注限制為10萬美元的罷工，賣家拿走了利潤

最近的加密市場低迷造成了曾經受歡迎的$ 120,000比特幣（BTC）期權下注，將其冠冕失去了100,000美元的賭注

In the wake of the recent crypto market downturn, traders appear to be dialing down their bullish expectations, evident in the shift of the most popular bitcoin (BTC) options bet from $120,000 to $100,000, data showed on Friday.

數據顯示，在最近的加密貨幣市場下滑之後，交易者似乎正在降低他們的看漲期望，這在最受歡迎的比特幣（BTC）期權選擇從120,000美元下注到100,000美元都很明顯。

At press time, the $100,000 call was the most popular BTC options contract on the exchange, with a notional open interest of $1.55 billion. The notional open interest denotes the dollar value of the number of active option contracts at a given time.

發稿時，$ 100,000的電話是交易所最受歡迎的BTC期權合同，名義上的開放利息為15.5億美元。名義開放利息表示給定時間有效期權合約數量的美元價值。

Meanwhile, the $120,000 call, the former leader up until last month, slipped to the number two position, with a notional open interest of $1.33 billion.

同時，直到上個月的前領導人，這是120,000美元的電話，跌至第二名，其名義開放利息為13.3億美元。

A call grants the purchaser the right but not the obligation to purchase the underlying asset at a predetermined price at a later date. A call buyer is implicitly bullish on the market. Thus, a significant build-up of open interest in higher strike out-of-the-money calls, like $100,000 and $120,000, reflects bullish anticipations.

呼叫授予購買者的權利，但沒有義務以稍後的日期以預定的價格購買基礎資產。呼叫購買者在市場上隱含了看漲。因此，在高級罷工往返機票中，例如100,000美元和120,000美元的開放式興趣大大累積，這反映了看漲的期望。

The shift lower in the most preferred call to the $100,000 strike likely reflects traders opting for a more conservative bet following the recent price decline to below $80,000. Furthermore, it may indicate a broader reassessment of bullish sentiment.

最喜歡的呼籲中的轉變降低了100,000美元的罷工，這可能反映了貿易商選擇更保守的賭注，因為最近的價格下跌至80,000美元以下。此外，這可能表明對看漲情緒的重新評估。

The 25-delta risk reversals, which measure the disparity between implied volatility (demand) for higher strike calls compared to lower strike puts, displayed negative readings or a preference for protective put options at least until the May end expiry. This signifies concerns about a prolonged price decline in the market.

與較低的罷工投票相比，較高的罷工呼叫的隱含波動率（需求）之間的差異，表現為負面讀數，表現為負面讀數或偏愛保護性投票選項，至少至少在5月結束到期。這表明對市場價格延長的擔憂。

However, the pricing remained skewed in favor of call options after May. Moreover, the dollar value of the total number of calls was over $16 billion – almost double the $8.35 billion in put options.

但是，價格在5月以後仍然偏向呼叫選擇。此外，通話總數的美元價值超過160億美元，幾乎是83.5億美元的看漲期權的兩倍。