Options Traders Are Back at 2021 Levels: Will Bitcoin Repeat That Year's Doubling?
Originally published by Be(in)Crypto
Options on individual stocks now trade about $700 billion a day in underlying share value, near 2021 levels. Bitcoin (BTC) staged a 2021 doubling, from about $29,000 to almost $65,000, as an options boom took hold.
Carrick Lane, an options-focused investment manager, supplied the figure, the Wall Street Journal reported. Bitcoin, however, has not repeated that run so far.
Did Bitcoin’s 2021 Doubling Ride the Options Boom?
That 2021 stock boom grew from a post-Covid wave of new retail traders moving into derivatives, the Journal said.
Read the full article at Be(in)Crypto →
About Carrick Lane
Carrick Lane is an investment manager and advisory firm that delivers volatility-based solutions through actively managed options strategies. The employee-owned firm manages more than $3 billion for ultra-high-net-worth investors, family offices and institutional advisors. The team’s deep experience and ability to simplify complex markets allow investors to proactively adapt in an evolving market.