# Options Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Options", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Some Thoughts on This Trade During the Meta $1.4 Trillion Ruling

During a trial where Meta faces a potential penalty range from $400 million to $1.4 trillion—a difference of five orders of magnitude—the company's stock has underperformed the S&P 500 by roughly 8 percentage points, shedding about $110 billion in market value. The final amount will be determined solely by Judge Yvonne Gonzalez Rogers, as this is a bench trial with an advisory jury. While some might consider short-term options to bet on the ruling date, such a strategy is mathematically challenged and costly due to timing uncertainty and elevated implied volatility. A more fundamental view suggests Meta's current valuation, trading at approximately 16.9 times forward earnings—below its historical average—is applied to artificially depressed profits due to heavy AI infrastructure investments. Even a worst-case regulatory outcome, such as restrictions on data collection from teens, might be less severe than perceived, as Meta's core asset is its advertising monetization engine, not merely owning a young user base. The article contrasts this event with the Google Chrome remedy ruling, highlighting differences in legal posture and settlement dynamics. The author describes their analytical approach, which includes monitoring court dockets via automated tools, prediction markets, insider filings, and options flow to estimate ruling probabilities and timing, rather than relying on news summaries. The piece concludes that owning Meta stock at its current multiple offers a "free option" on the trial outcome, with zero holding cost if the catalyst does not materialize.

marsbit08/20 08:46

Some Thoughts on This Trade During the Meta $1.4 Trillion Ruling

marsbit08/20 08:46

Along with the movement in the cryptocurrency market, the cryptocurrency Fear and Greed Index has also risen! Here are the details

The cryptocurrency market's Fear and Greed Index, which tracks investor sentiment, has shown a significant improvement. The index, calculated by CoinMarketCap, rose to 55 today, marking a 14-point increase from the previous day. While still in the neutral zone, this indicates investors are adopting a more positive outlook. The index, ranging from 0 (extreme fear) to 100 (extreme greed), suggests sentiment has strengthened considerably, though the market is not yet in a state of extreme optimism. The calculation incorporates several market indicators including price movements of top cryptocurrencies, market volatility, derivatives market signals (especially put/call ratios), stablecoin supply volumes, and search trend data. This 14-point daily rise signals a recent increase in risk appetite among crypto investors. However, the index remaining neutral suggests expectations for a strong bull run are not yet fully in place. Market participants will continue to monitor the index's underlying factors, particularly price action and volatility, in the coming period.

cryptonews.ru08/20 08:06

Along with the movement in the cryptocurrency market, the cryptocurrency Fear and Greed Index has also risen! Here are the details

cryptonews.ru08/20 08:06

Platform Kalshi Asks CFTC to Approve Perpetual Futures on US500 Index and Copper

Kalshi has filed an application with the U.S. Commodity Futures Trading Commission (CFTC) seeking approval to launch perpetual futures contracts. The proposed products include a "US500" contract tied to the MerQube US Large Cap Index, with a notional value based on the index multiplied by $1 and a position accountability level of $25 million. Additionally, the platform aims to introduce a "COPPERPERP" perpetual futures contract linked to the spot price of copper per pound via the Pyth Network feed, where one full contract represents 1,000 pounds of copper. This move is part of Kalshi's ongoing expansion from a prediction market into a financial exchange, following previous CFTC approvals for its Bitcoin perpetual futures and subsequent launches of Ethereum and XRP contracts. The company's shift occurs amidst regulatory scrutiny, including recent legal action from Baltimore authorities over its sports-related contracts.

cryptonews.ru08/19 22:04

Platform Kalshi Asks CFTC to Approve Perpetual Futures on US500 Index and Copper

cryptonews.ru08/19 22:04

VanEck's Bitcoin Forecasts: They Predicted the Month When Growth Could Begin

VanEck's latest analysis indicates Bitcoin's market capitulation may be in its advanced stages, with 8 of its 12 tracked capitulation indicators currently active. The report notes Bitcoin traded within a very narrow range recently, with realized volatility falling to unusually low levels. While the price decline since the October 2025 peak has lasted about 10 months, historical cycles averaging 11-12.7 months suggest a potential bottom could form between September and November 2026. Key developments include a recent net inflow of approximately $663 million into U.S. spot Bitcoin ETFs, a sharp reversal from the prior month's significant outflows. However, spot trading volumes remain low, falling to levels seen during the 2023 bear market. On derivatives markets, there's a notable defensive shift, with put option premiums surging and funding rates remaining below long-term averages. Forced liquidations have also slowed significantly. A notable change is the movement of approximately 356,000 BTC that had been dormant for over a year, reducing the long-term holder supply share to below 60% for the first time in months. VanEck cautions that while intense capitulation signals historically haven't led to significant short-term outperformance (3-6 months), buying during such periods has yielded better returns over a one-year horizon. The firm emphasizes considering a potential bottoming range rather than predicting a single date.

cryptonews.ru08/18 21:01

VanEck's Bitcoin Forecasts: They Predicted the Month When Growth Could Begin

cryptonews.ru08/18 21:01

Why Bitcoin Ignores Bad News from the US? The Answer is in the QCP Report

The Bitcoin market is showing resilience despite weak US economic data and high oil prices, according to a QCP Capital report. While poor retail sales and consumer sentiment figures lowered expectations for an immediate Fed rate hike, persistently high oil prices complicate the inflation outlook. Bitcoin itself is trading in a narrow range just above $63,000, absorbing negative news without a significant breakdown. Similarly, Ethereum remains around $1,900. Market volatility is compressing, with implied volatility exceeding realized volatility, creating conditions for short volatility strategies, though QCP warns of significant risks if volatility spikes unexpectedly. Trader focus is now shifting to key upcoming events: the FOMC meeting minutes, July's PCE inflation data, and the Jackson Hole Economic Symposium, which could provide a new directional catalyst for the market currently stuck in a wait-and-see pattern.

cryptonews.ru08/18 08:22

Why Bitcoin Ignores Bad News from the US? The Answer is in the QCP Report

cryptonews.ru08/18 08:22

Держатели XRP могут торговать опционами на платформе Derive, используя FXRP в качестве залога

XRP holders can now trade options on the Derive platform using FXRP as collateral, as announced by Flare on August 12. This integration allows users to open positions from self-custody wallets while the underlying XRP backing the FXRP remains on the XRP Ledger. According to DeFi analyst Will Procheska, this provides XRP's dedicated holder base with a permissionless options market for generating yield or hedging. Derive's platform combines protocol-level settlements with an order book managed by Derive Trading Co., enabling users to retain asset control while professional market-makers provide liquidity. XRP options on Derive are cash-settled in USDC, so profits or obligations adjust the trader's USDC balance without transferring XRP or FXRP. The platform's portfolio margin system assesses overall account risk but may still trigger liquidations if margin levels fall below requirements. The launch expands Flare's XRPFi ecosystem. FXRP, introduced via the FAssets system in September 2025, creates an on-chain representation of XRP for use in smart contracts. It has since been integrated into spot trading and, more recently, permissionless lending markets on Morpho. This addition of options on Derive offers XRP holders hedging and premium-earning capabilities comparable to other major assets. While regulated XRP options debuted on CME Group in October 2025, Derive provides a decentralized alternative with USDC settlement and direct wallet access. The platform also supports perpetual futures, offering further trading strategies. Flare and Derive are exploring automated "strategy vaults" to simplify yield-generating options approaches for users.

cryptonews.ru08/17 05:44

Держатели XRP могут торговать опционами на платформе Derive, используя FXRP в качестве залога

cryptonews.ru08/17 05:44

Bitcoin Options Data Tells Us Something: Here's What to Pay Attention To

Recent data from the Bitcoin options market indicates that investor fears regarding short-term price swings have eased, but the market is not yet overly optimistic. According to Glassnode analysis, the $60,000–$70,000 range has become a critical trading zone for determining Bitcoin's next directional move. Market activity remains relatively low overall, with continued narrowing in implied volatility and skew metrics. Notably, short-term implied volatility has decreased significantly. The one-week at-the-money implied volatility has fallen to around 26%, while the six-month measure remains near 39%, steepening the volatility term structure. This suggests investors anticipate less dramatic near-term price action but maintain longer-term uncertainty. Demand for downside protection has also weakened, indicating less defensive positioning. Gamma analysis reveals two key areas. Negative gamma is concentrated below $60,000, which could accelerate volatility and amplify price moves if Bitcoin declines into that zone due to market maker hedging. Conversely, positive gamma steadily increases around $70,000, where hedging activity could suppress volatility and have a stabilizing effect if the price rises to that level. In summary, while short-term panic has subsided, investors are not complacent. The decline in implied volatility and skew points to reduced fear, while the concentration of gamma and open interest suggests the $60,000–$70,000 range will likely be decisive for Bitcoin's next significant directional breakout.

cryptonews.ru08/14 19:50

Bitcoin Options Data Tells Us Something: Here's What to Pay Attention To

cryptonews.ru08/14 19:50

JPMorgan increases stake in Bitcoin ETF to $356 million and adds XRP positions

JPMorgan Chase significantly increased its stake in the iShares Bitcoin Trust (IBIT) to approximately $356 million by the end of the second quarter, up from $162 million in the previous quarter, according to an SEC 13F-HR filing. The bank's derivative positions also became more bullish, with an increase in call options and a decrease in put options for IBIT. Furthermore, JPMorgan raised its position in Blackrock's iShares Ethereum Trust (ETHA) by 338% to around $14.3 million. Notably, JPMorgan re-entered positions linked to XRP in the second quarter, after having exited them completely in Q1. The new, though still relatively small, investments include stakes in the Bitwise XRP ETF, Grayscale XRP Trust, and Ripple-backed Armada Acquisition Corp II. This shift suggests the bank's asset management division is no longer avoiding the asset, aligning with its broader institutional view of cryptocurrencies as an alternative to gold investments. This accumulation by JPMorgan contrasts with recent short-term market flows. U.S. spot bitcoin ETFs experienced net outflows in mid-August, highlighting market volatility. Investors will monitor the bank's next 13F filing in November to see if it continued building these crypto positions into Q3.

cryptonews.ru08/14 11:31

JPMorgan increases stake in Bitcoin ETF to $356 million and adds XRP positions

cryptonews.ru08/14 11:31

Coinbase Launches Over 170 Futures Contracts for Professional Investors in the UK

Coinbase is launching over 170 futures contracts, perpetuals, and crypto options for qualifying professional investors in the UK. This expansion follows the exchange's July receipt of a UK investment services license, allowing it to offer regulated financial instruments alongside crypto products under its "Everything Exchange" strategy. Eligible investors can trade contracts on cryptocurrencies, commodities, equities, and forex with up to 50x leverage, available 24/7. The rollout is enabled under a specific investment services license and is separate from the UK's broader crypto regulatory regime set for 2027. The launch marks a key step in Coinbase's strategy to integrate traditional finance and crypto derivatives on one platform, citing high global demand where crypto derivatives trading volume regularly exceeds spot markets. Access will be phased in over coming weeks, initially limited to UK professional investors.

cryptonews.ru08/13 12:21

Coinbase Launches Over 170 Futures Contracts for Professional Investors in the UK

cryptonews.ru08/13 12:21

MicroStrategy Sells BTC Without a Price Drop, Is STRC's Rebound Truly Good News?

The cryptocurrency market is currently experiencing extreme quiet, with BTC weekly trading volume at its lowest since 2023 and implied volatility hitting bottom. Liquidity is thin, as evidenced by a muted price reaction to CPI data. The market's primary issue is a lack of active participants, not just news. Options data shows traders are pricing in higher short-term downside risks. Market makers' gamma positioning suggests a critical support zone between $61,000 and $60,000; a break below could accelerate a downturn. Two developments are being interpreted bullishly: MicroStrategy (MSTR) selling a small portion of its BTC without causing a price crash, and the rebound of its preferred shares (STRC) from lows near $73 to over $95. However, an alternative bearish interpretation exists. The low liquidity means large entities cannot exit sizable positions easily. A STRK recovery towards $100 could provide the buying pressure these sellers need to finally offload BTC, making the apparent利好 (positive news) actually improve selling conditions. STRC faces a structural ceiling at $100 because MSTR has signaled it will issue new shares around that price, capping upside and inviting short sellers. While recent buybacks boosted the price, they haven't solved this core problem. If STRK cannot sustainably break $100, concerns will grow about MSTR needing to sell BTC for funding. Finally, the Bitfinex Long positions indicator, which typically moves inversely to BTC price, has become ineffective and flat-lined near multi-year lows, offering no directional signal. Large traders are not accumulating on dips as they once did.

marsbit08/13 10:26

MicroStrategy Sells BTC Without a Price Drop, Is STRC's Rebound Truly Good News?