BlockBeats news, October 1, according to CoinDesk, according to Deribit Metrics data, as of the time of writing, the total dollar value of active call option contracts with a strike price of $100,000 has exceeded $993 million, the highest of all Bitcoin options launched on the trading platform.

Ranked second is the $70,000 call option, with an open contract of more than $800 million. Call options account for more than 50% of the total open contracts of $14.15 billion in BTC options on Deribit.

Jake Ostrovskis, an over-the-counter trader at Wintermute, said, "The volatility surface shows that the market tended to go down before the end of October/November, but then began to prefer call options rather than put protection. The current position shows that the market is likely to rebound after the election."

Polymarket has only a 15% probability of Bitcoin's price rising to $100,000 by the end of the year.