Omkar Godbole

January 4, 2025

MicroStrategy’s Bullish Call Skew Disappears in Cautious Market Sentiment

The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum. By Omkar Godbole CoinDesk What to know: Traders are no longer chasing upside in Nasdaq-listed MicroStrategy (MSTR), a leveraged play on bitcoin (BTC), signaling a cautious […]

December 24, 2024

Record $14B Bitcoin Options Expiry Looms as Market Looks Highly Levered-Up

EditorCrypto bitcoin, CoinDesk, ethereum, Omkar Godbole

CoinDesk by Omkar Godbole Just when you thought the year-end couldn’t get any more intriguing, a significant options expiry is set to shake things up in this highly levered-up market. Options are derivative contracts that give the purchaser the right to buy or sell the underlying asset at a preset price at a later date. A […]