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Bitcoin Option Traders Eye $140,000 After Record-Setting Rally

FacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy David PanOctober 6, 2025 at 6:00 PM UTCUpdated on October 6, 2025 at 7:24 PM UTCBookmarkSave

The sudden push to a fresh all-time high in Bitcoin over the weekend has options traders adding to bets that the largest cryptocurrency will rally to $140,000.

Short-term Bitcoin options contracts that settle toward the end of the year have seen open interest clustered around that strike price for calls, according to data from crypto derivatives exchange Deribit by Coinbase. There has also been a moderate increase in demand for puts, as traders seek downside protection from a pullback after the rally.

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