Bitcoin Traders Target $20K Bitcoin Strike as Deep Out of the Money Options Gain Traction

Bitcoin traders are increasingly focusing their attention on the $20,000 strike price for Bitcoin options, as there is a growing interest in deep out-of-the-money options contracts. This surge in interest indicates that many traders are speculating on a potential upward movement in Bitcoin's price, despite the current market conditions. As the trading community seeks opportunities for significant profits, the activity surrounding these deep out-of-the-money options has started to gain considerable traction, reflecting a shift in sentiment and strategic positioning among market participants. source: https://www.coindesk.com/markets/2025/12/08/bitcoin-traders-target-usd20k-bitcoin-strike-as-deep-out-of-the-money-options-gain-traction