Odaily Planet Daily News Deribit CEO Luuk Strijers stated that derivatives traders are preparing for a bullish trend in Bitcoin a few days after the U.S. election on November 5. Data shows that the number of Bitcoin call options expiring on November 8 is twice that of put options, which is the first expiration after the U.S. presidential election. Strijers also mentioned that the open interest for options expiring on November 8 exceeds $2 billion, with the main strike prices being $70,000, $75,000, and $80,000, and the put/call ratio is 0.55, indicating that the number of open call options is twice that of put options. Strijers added that the implied volatility for the forward period is 72.29%, suggesting that prices may fluctuate around 3.78% in the days following the presidential election. (THE BLOCK)

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