The $IBIT $100 strikes continue to trade crazy volume with s

The $IBIT $100 strikes continue to trade crazy volume with super high open interest.
For these options to be in-the-money, Bitcoin must trade around $180,000 by December 20th, 2024.

#BTC

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◢ J◎e McCann

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Enormous trade today in $MSTR. The Jan 3rd, 2025, $350.00 calls were bought in almost 9,000 size for $77.50, which equates to nearly $70 mm in premium spent on this opening trade. Bitcoin bulls are going nowhere.

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