Bitcoin’s Options Market Shows Strongest Bullish Mood on Record
Bitcoin’s options market is in the midst of its strongest bullish sentiment on record as the cryptocurrency rallies to three-year highs.
The six-month put-call skew, or the spread between prices claimed by put options and call options expiring in six months, fell to a life-time low of -21.6% early Thursday, according to data source Skew.
A call option gives the holder the right but not the obligation to buy the underlying asset at a predetermined price on or before a specific date. A put option gives the right to sell.
See more for yourself here (https://www.coindesk.com/bitcoin-options-bullish-put-call-ratio).