Bitcoin options price a quiet CPI week while shorts cluster at $76,000–$80,000
Summary
Bitcoin’s Oct. 16 options expiry has about $1.29 billion in open interest, with puts outweighing calls. The largest put concentrations are at $80,000, $78,000 and $76,000, while major call positions sit at $85,000–$90,000. Bitcoin was near $83,450 in the cited snapshot. Options markets also show reduced short-term volatility ahead of Wednesday’s US CPI report: seven-day implied volatility fell to 32.01%, and the volatility skew shifted toward puts, though puts remain relatively inexpensive versus their 52-week median. Traders are weighing inflation data and interest-rate expectations before Friday’s settlement; hotter inflation could pressure prices toward the put strikes, while softer data may support a recovery.
