比特币（BTC）期权市场将其看涨的赌注限制为10万美元的罢工，卖家拿走了利润

最近的加密市场低迷造成了曾经受欢迎的$ 120,000比特币（BTC）期权下注，将其冠冕失去了100,000美元的赌注

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.

数据显示，在最近的加密货币市场下滑之后，交易者似乎正在降低他们的看涨期望，这在最受欢迎的比特币（BTC）期权选择从120,000美元下注到100,000美元都很明显。

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.

发稿时，$ 100,000的电话是交易所最受欢迎的BTC期权合同，名义上的开放利息为15.5亿美元。名义开放利息表示给定时间有效期权合约数量的美元价值。

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.

同时，直到上个月的前领导人，这是120,000美元的电话，跌至第二名，其名义开放利息为13.3亿美元。

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.

呼叫授予购买者的权利，但没有义务以稍后的日期以预定的价格购买基础资产。呼叫购买者在市场上隐含了看涨。因此，在高级罢工往返机票中，例如100,000美元和120,000美元的开放式兴趣大大累积，这反映了看涨的期望。

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.

最喜欢的呼吁中的转变降低了100,000美元的罢工，这可能反映了贸易商选择更保守的赌注，因为最近的价格下跌至80,000美元以下。此外，这可能表明对看涨情绪的重新评估。

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.

与较低的罢工投票相比，较高的罢工呼叫的隐含波动率（需求）之间的差异，表现为负面读数，表现为负面读数或偏爱保护性投票选项，至少至少在5月结束到期。这表明对市场价格延长的担忧。

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，价格在5月以后仍然偏向呼叫选择。此外，通话总数的美元价值超过160亿美元，几乎是83.5亿美元的看涨期权的两倍。