On October 23rd, according to Bloomberg, Yev Feldman, co-founder of SwapGlobal, said, "We see traders buying call options around $68000 and put options around $66000 in Bitcoin. In other words, many people keep building and rebuilding positions in hopes of breaking through either direction. However, after the election, the reasons for the decline are limited, so the rise is more meaningful
According to data compiled by Deribit, the ratio of put to call options is currently showing a downward trend at the end of the year, with more traders purchasing call options than put options. The open contracts (i.e. total open contracts) of call options expiring on November 29th are concentrated around $80000, while the open contracts of call options expiring on December 27th are concentrated around $100000 and $80000.
I believe the market consensus is that Bitcoin is likely to perform well regardless of the election results, "said David Lawant, head of research at cryptocurrency broker FalconX
