Bitcoin Large Call Options Hit $1.65B as Traders Eye Month-End Rally
2026-07-16 19:25

Woofun AI data shows that large-scale Bitcoin call option trading has reached a nominal value of approximately $1.65 billion, involving 25,766 BTC contracts. The most active instrument is the 70,000/72,000 USD bull spread expiring at the end of this month, with nearly 10,000 sets traded. With roughly two weeks remaining until expiration, these purchases of out-of-the-money calls, priced about 10% above current levels, indicate market optimism.

However, the preference for lower-cost bull spreads suggests participants are adopting a tentative stance rather than placing aggressive bets.

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Adam
Greeks.live
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