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Bullish bets on bitcoin topping $50,000 surge as rally heats up

Por: MarketWatch Business December 07, 2023

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A call option gives the holder the right but not the obligation to buy the underlying asset a set price, known as the strike price, by a certain time. A put option gives the right but not the obligation to sell. Overall open interest in options contracts tied to bitcoin has surged over the past two weeks, rising by about 50,000 contracts. Many of the call options set to expire in December were already trading deep in the money, meaning the... + full article



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