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Bitcoin options at $120K strike for Dec 2026 surge as CME open interest collapses from $290M to $30-40M.

Market News
20 Jun 2026
The Currency Analytics
View Source
Bullish
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Bitcoin's price is around $64,159, but traders are betting big on $120,000 strike calls expiring in December 2026, expecting the price to more than double. Meanwhile, CME bitcoin options open interest has sharply dropped from nearly $290 million in late November to $30-40 million by mid-June, indicating institutional traders are pulling back from near-term positions and shifting to longer-dated bets. This shift signals a bullish, long-term outlook despite current market caution. The $120,000 strike will be a key indicator of market sentiment as the expiry approaches.

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Mexico's World Cup boost lifts airport traffic, but long-term growth relies on industrial expansion.

Mexico's World Cup boost lifts airport traffic, but long-term growth relies on industrial expansion.

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4 hours ago
SPLV ETF underperforms despite low volatility focus, defensive investors urged to consider alternatives.

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Analyst Insights
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Invesco S&P 500 Value with Momentum ETF underperforms peers and remains a cautious hold.

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Market News
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VanEck Oil Refiners ETF rated Hold amid value appeal and bearish technical signals.

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VanEck Oil Refiners ETF (CRAK) is rated Hold due to its attractive valuation, with a portfolio heavily weighted (66%) in non-US refiners trading below a 10x P/E ratio. However, technical analysis shows bearish signals, including a head and shoulders ...

Technical Signals
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Pepeto presale closes fast with $10.29M raised ahead of major exchange listing, outshining Cardano's slow recovery.

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Market News
Neutral
5 hours ago
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