Bitcoin ETF options from BlackRock have exploded the market with $1.9 billion in trading volume. 📉

- 4.4 to 1: more call options than puts. Is this a bullish signal?

- Options at $0.15 — a lottery or a real bet on $175K for BTC?

- Strategies: synthetic long and covered call for income.

- $170K for BTC? The probability is low, but speculation is rising.

Understanding mechanics and probabilities is the key to success!