According to @glassnode, the BTC market is crashing and sentiment is at its worst, with the team highlighting that the options market is being used to assess how severe current conditions are (source: @glassnode on X, Nov 21, 2025).

According to Justin Sun, he joined a session hosted by Deribit and SignalPlus covering blockchain sovereignty, institutional adoption, and building Web3 infrastructure, and the full replay is available via his post. Source: Justin Sun on X, Nov 19, 2025. For traders, the involvement of Deribit and SignalPlus frames the discussion through an options and institutional-execution lens, making it directly relevant to BTC and ETH options markets on Deribit and to workflow tooling used by institutional desks. Sources: Justin Sun on X, Nov 19, 2025; Deribit official site; SignalPlus official site.

According to Glassnode, BTC retested and broke the 100K level in line with options market expectations, signaling a key breakout event for derivatives traders (source: Glassnode on X, Nov 14, 2025). According to Glassnode, the market reaction is being assessed through implied volatility, call-put skew, and options flow to interpret current positioning and risk transfer after the move (source: Glassnode on X, Nov 14, 2025). According to Glassnode, traders should focus on how volatility, skew, and options flow evolve post-breakout to gauge near-term momentum and hedging pressure in BTC (source: Glassnode on X, Nov 14, 2025).

According to @cryptorover, Bitcoin’s post-halving seasonality shows that Q4 has never closed red for BTC in prior halving cycles, source: @cryptorover. According to @cryptorover, this historical claim implies a positive year-end bias that traders may evaluate for spot accumulation, call exposure, and trend-following setups into Q4 while controlling downside risk, source: @cryptorover. According to @cryptorover, the post does not provide underlying data or methodology, so traders should independently validate this seasonality via backtests before using it for position sizing, risk limits, or options structures, source: @cryptorover.

According to @CNBC, the article outlines a conservative options-income strategy designed to cushion downside risk while boosting portfolio yield for investors seeking steady cash flow in volatile markets, source: CNBC. For crypto markets, comparable income approaches can be implemented using listed BTC and ETH options on CME and leading derivatives venues that enable premium harvesting with defined risk parameters, source: CME Group; Deribit. The premium collected can lower the effective breakeven and cushion moderate declines while capping upside potential, a core trade-off in standardized options strategies, source: OCC.

According to the source, Bitdeer increased its BTC put holdings to 2,126.8 BTC, indicating a substantial build-up of downside options exposure. Source: X post dated Oct 19, 2025. In crypto options markets, large put accumulation typically supports higher near-term implied volatility and a steeper 25-delta put skew, which traders track for downside protection costs. Source: Cboe Options Institute; Deribit Insights. Crypto options positions are commonly quoted in underlying units (BTC), and concentrated put open interest can affect dealer hedging flows when clustered near key strikes. Source: Deribit documentation; Cboe Options Institute. Traders can monitor BTC DVOL, 25-delta skew, and front-week versus back-week term structure to gauge whether hedging demand is tightening or easing. Source: Deribit DVOL methodology; Deribit Insights. Mining-related firms often use derivatives to manage spot price risk, making such flows relevant to BTC derivatives liquidity and volatility. Source: CME Group education on hedging; Bitdeer Technologies Group investor relations.

According to @GreeksLive, more than $1.15 billion, or about 28% of total BTC options volume in the past 24 hours, flowed into shallow out-of-the-money puts expiring this week and this month, with strikes concentrated in the 10,400–10,800 range (@GreeksLive). According to @GreeksLive, options skew has turned more negative, especially in the short term, with the magnitude of the shift comparable to readings observed on the 11th (@GreeksLive). According to @GreeksLive, this positioning indicates that large liquidity providers and market makers are pricing in substantial downside risk, with sentiment nearing levels seen after the broader market drop on the 11th (@GreeksLive). According to @GreeksLive, aligning with large-player positioning, buying put options as a hedge currently appears the more prudent strategy (@GreeksLive).

According to GreeksLive, community sentiment flipped from early bullish targets at 115–116k to caution after price weakened near 113k (source: GreeksLive). According to GreeksLive, traders attributed the increased volatility to Trump-related headlines and possible market manipulation, heightening intraday swings (source: GreeksLive). According to GreeksLive, key levels are 114k for upside reclaim and 110k to the downside, with concern over long-dated put skew even as BTC’s broader trend remains technically intact (source: GreeksLive). According to GreeksLive, options desks are deploying long strangles to monetize news-driven volatility, reflecting a range-trading bias (source: GreeksLive). According to GreeksLive, a preferred setup is to wait for a 114k reclaim before buying calls targeting 116k while maintaining protective puts below 110k into week’s end (source: GreeksLive). According to GreeksLive, some traders are selling calls against puts and using short straddles plus underlying to manage complex delta, though execution has been difficult amid whipsaw price action (source: GreeksLive).

According to @GreeksLive, there are 1000x BTC call option RFQ buyers whenever Raoul Pal posts Welcome to the Banana zone, indicating concentrated buyer RFQs in BTC call options at those moments, source: @GreeksLive on X, Oct 10, 2025. The post highlights a recurring options-flow pattern that traders can monitor around such posts to gauge BTC call demand in RFQs for timing and pricing decisions, source: @GreeksLive on X, Oct 10, 2025.

According to @glassnode, a new options metric suite introduces Options Premium and Taker Flow Analytics that show where capital is committed via premiums and which side initiates trades via taker activity, helping traders assess market positioning and conviction. According to @glassnode, coverage includes BTC, ETH, SOL, BNB, and XRP. According to @glassnode, the dataset provides history back to 2021.

According to the source, Bullish will offer Bitcoin (BTC) options trading with a top-tier consortium of trading partners. The source states the announcement specifically references BTC options and highlights collaboration with multiple top-tier trading partners. The source adds that no additional details on launch timing, platform specifics, or participant names were provided.

According to the source, U.S. regulators at the SEC and CFTC are moving to harmonize crypto rules, signaling that a turf war is over (source: source post on X dated Sep 30, 2025). According to the source, BlackRock’s IBIT has surpassed Deribit to become the largest venue for Bitcoin (BTC) options (source: source post on X dated Sep 30, 2025). According to the source, Swift and Visa are using blockchain to address cross-border payments (source: source post on X dated Sep 30, 2025). Trading implications: If confirmed by primary releases from the SEC, CFTC, BlackRock, Swift, and Visa, traders should monitor BTC options open interest and implied volatility across U.S.-listed ETF options versus crypto-native venues, dispersion between BTC spot and derivatives basis, and headline risk around regulatory harmonization that could shift liquidity toward regulated venues.

According to the source, Bloomberg reports BlackRock’s iShares Bitcoin Trust (IBIT) has become the largest BTC options venue with nearly 38 billion dollars in open interest, overtaking Deribit at roughly 32 billion dollars, according to Bloomberg. Bloomberg states these figures offer traders a concrete benchmark to track positioning and liquidity in BTC options.

According to the source, BTC options markets show traders paying up for downside protection as put prices outpace calls while 30-day implied volatility sits near a two-year low, indicating elevated demand for hedges despite subdued vol (source: Deribit). This positioning contrasts with supportive macro tailwinds cited in the market, including a recent U.S. policy rate cut and the SEC’s accelerated handling of crypto ETF filings (sources: Federal Reserve; U.S. SEC). For execution, the rich put skew versus low overall IV favors cost-controlled structures such as bear put spreads or protective collars over outright long puts to mitigate theta and skew costs (source: Deribit). Near-term risk management should account for potential sharp moves where skew implies improved downside payoff asymmetry if BTC weakens, while low IV increases carry risk if spot remains stable (source: Deribit).

According to @GreeksLive, 29,000 BTC options expired with a Put-Call Ratio of 1.35, Max Pain at 115,000 dollars, and 3.4 billion dollars notional value, while 178,000 ETH options expired with a Put-Call Ratio of 1.0, Max Pain at 4,500 dollars, and 810 million dollars notional value, source: @GreeksLive on X, Sep 19, 2025. According to @GreeksLive, BTC and ETH have traded less than 10 percent below their all-time highs in September as sentiment shifted from pessimistic to neutral following an expected 25 basis point Fed hike, source: @GreeksLive on X, Sep 19, 2025. According to @GreeksLive, implied volatility has declined with BTC short-to-medium-term IV below 30 percent and ETH primary IV terms below 60 percent, with short-to-medium-term IV under 50 percent, signaling low volatility, source: @GreeksLive on X, Sep 19, 2025. According to @GreeksLive, put option block trades and their transaction share have risen steadily this month, reflecting risk-hedging as the primary strategy, source: @GreeksLive on X, Sep 19, 2025. According to @GreeksLive, September is a third-quarter delivery month and historically sees relatively weak performance due to institutional rollovers and settlements, and the options market currently lacks confidence in September performance, source: @GreeksLive on X, Sep 19, 2025.

According to @GreeksLive, BTC’s month-long drawdown and ETH’s two-week pullback have each exceeded 10 percent from their all-time highs, while weakness in U.S. equities and the WLFI index has shifted sentiment from optimism to pessimism. Source: @GreeksLive, Sep 5, 2025. Large-block put option flow and its share of total volume are rising, signaling risk aversion as the dominant theme. Source: @GreeksLive, Sep 5, 2025. Implied volatility has rebounded, with BTC IV across terms near 40 percent and ETH primary IV just below 70 percent, highlighting an IV tug-of-war. Source: @GreeksLive, Sep 5, 2025. September is the third-quarter delivery month, and historical rollover and settlement effects typically weaken performance, leaving the options market broadly cautious on September. Source: @GreeksLive, Sep 5, 2025.

According to @GreeksLive, a live stream with @LilQwantXBT is scheduled for September 4 at 2:00 PM EST / 18:00 UTC to cover a current market overview, why sentiment is bearish, the best BTC and ETH options trading opportunities, Q4 risks, and Q4 predictions. Source: @GreeksLive (X, Sep 4, 2025). The session is positioned for BTC and ETH options traders seeking actionable insights on bearish sentiment drivers, trading opportunities, and risk management into Q4. Source: @GreeksLive (X, Sep 4, 2025).

According to @glassnode, Bitcoin’s 6M/1M implied volatility ratio is elevated with only 3.2% of days showing higher readings. According to @glassnode, options markets are increasingly pricing medium-term uncertainty, indicating rising concern about structural or macro risks. According to @glassnode, the elevated ratio means six-month BTC options are priced with higher implied volatility relative to one-month options, highlighting a steepening options term structure that traders track for risk management.

According to @glassnode, Deribit’s Bitcoin DVOL index is near historic lows, with only 2.6% of days recording lower readings (source: @glassnode). @glassnode notes this reflects extreme complacency and limited demand for downside protection in BTC options (source: @glassnode). @glassnode warns that such conditions may raise the risk of sudden volatility shocks in the Bitcoin market (source: @glassnode).

According to @GreeksLive, the foundational concepts of options trading include understanding derivatives, the function of options, and real-world application examples such as the airline industry and Bitcoin (BTC) options. The discussion further clarifies the differences between American and European options, which is critical for traders analyzing expiry and exercise mechanisms. This information is especially relevant for cryptocurrency traders, as the structure of BTC options directly influences market volatility and hedging strategies. Source: @GreeksLive