专业加密货币交易员正在利用 IBIT 期权押注贝莱德的比特币 ETF，价格翻倍至 100 美元：观察家

IBIT 期权的看涨情绪与 Deribit 上 200,000 美元比特币看涨期权交易的明显活动一致。

Options tied to BlackRock's spot bitcoin (BTC) exchange-traded fund (ETF) debuted with a bang on Tuesday, registering a staggering first-day trading volume of $1.9 billion.

与贝莱德现货比特币 (BTC) 交易所交易基金 (ETF) 相关的期权周二一经推出就大获成功，首日交易量达到惊人的 19 亿美元。

Most activity was concentrated in call options, representing a bullish bias, with some traders betting on doubling the ETF price to at least $100. The Nasdaq-listed ETF closed Tuesday at $52.70.

大多数活动集中在看涨期权上，一些交易员押注 ETF 价格将翻倍至至少 100 美元。该在纳斯达克上市的 ETF 周二收于 52.70 美元。

The $100 strike call option saw a trading volume of over 32,000 contracts, according to data tracked by analytics firm ConvexValue. Most of the value happened in the Dec. 12 expiry, which was also the most popular settlement overall, accounting for 40% of the total trading volume of 354,000 contracts.

根据分析公司 ConvexValue 跟踪的数据，100 美元执行权的看涨期权的交易量超过 32,000 份合约。大部分价值发生在12月12日到期，这也是整体上最受欢迎的结算，占354,000份合约总交易量的40%。

"It’s pretty interesting to see 'professionals' degen into $100 strikes (this effectively means a doubling of BTC prices given IBIT trades near $50)," Samneet Chepal, crypto quant researcher, Samneet Chepal, said on X.

加密量化研究员 Samneet Chepal 在 X 上表示：“看到‘专​​业人士’发起 100 美元的罢工（这实际上意味着 BTC 价格翻倍，因为 IBIT 交易价格接近 50 美元），这非常有趣。”

The notable uptake for the $100 IBIT call is consistent with activity on offshore crypto options exchange Deribit, where $381 million in notional open interest is locked in the $200,000 strike bitcoin call. Assuming those buyers are investors and not market makers, it's safe to say that they are bracing up for the doubling of the spot price.

100 美元 IBIT 看涨期权的显着增长与离岸加密期权交易所 Deribit 的活动一致，其中 3.81 亿美元的名义未平仓合约被锁定在 20 万美元履约比特币看涨期权中。假设这些买家是投资者而不是做市商，可以肯定地说他们正在为现货价格翻倍做好准备。

Note that Tuesday's most traded IBIT option was the call at the $55 strike, and the overall volume of call options was four times higher than that of put options.

请注意，周二交易量最大的 IBIT 期权是行使价为 55 美元的看涨期权，看涨期权的总体交易量是看跌期权的四倍。

A call option gives the holder the right but not the obligation to purchase the underlying asset at a predetermined price on or before a specific date. A call buyer is implicitly bullish on the market, looking to profit from or protect the short spot/futures market position from an expected price surge in the underlying asset.

看涨期权赋予持有人在特定日期或之前以预定价格购买标的资产的权利，但没有义务。看涨期权买家隐含看涨市场，希望从标的资产预期价格飙升中获利或保护空头现货/期货市场头寸。

According to Deribit, the stateside demand for calls and the resulting "trend trading" by market makers to hedge their books could set the stage for a gamma squeeze higher in BTC's price.

据 Deribit 称，美国国内对看涨期权的需求以及由此产生的做市商对冲账簿的“趋势交易”可能会为 BTC 价格的伽马挤压奠定基础。

"U.S. institutions and retail who can't trade on Deribit, the largest crypto options market, will now be able to enter the space and create more open interest around certain price levels, which can further trigger volatility and gamma squeezes in addition to Deribit," Luuk Strijers, Deribit's chief executive officer said in an email, echoing opinion of other analysts.

“无法在最大的加密货币期权市场 Deribit 上进行交易的美国机构和散户现在将能够进入该领域，并围绕特定价格水平创造更多未平仓合约，这可能会进一步引发波动和伽马挤压， Deribit 首席执行官 Luuk Strijers 在一封电子邮件中表示，呼应了其他分析师的观点。

CoinDesk is a journalistic platform covering the latest in crypto, Web3, NFT, DeFi, and more. We present an unbiased perspective on the覃impactful trends and technologies shaping the future of finance and the Web.

CoinDesk 是一个新闻平台，涵盖加密货币、Web3、NFT、DeFi 等领域的最新动态。我们对塑造金融和网络未来的有影响力的趋势和技术提出公正的观点。

This coverage is presented by Blockdaemon.

本报道由 Blockdaemon 提供。