Bearish Options Activity Rises for BlackRock’s IBIT and Strategy as Bitcoin Futures Rebound From $58,995

Bearish positioning increased in options linked to BlackRock’s IBIT and Strategy as Bitcoin futures rebounded from $58,995. According to NS3.AI, IBIT options volume climbed to roughly double its 30-day average. The report said $187 million in IBIT options premiums were traded, with $144 million of that total coming from put options.