Bitcoin’s options market is showing significantly greater open interest for the end-of-September expiry than for the August settlement. The September contract holds 130,670 BTC in open interest, compared with 79,003 BTC for August, according to CryptoSlate. The larger positioning comes ahead of the Federal Reserve’s scheduled Sept. 16 decision, although DWF Labs market insights lead Martin Lee said in a note that most of the difference is unrelated to that event. The positioning described in the report includes hedging around the $60,000 level and stronger exposure above $78,000, while the low-$70,000 area appears less protected. The figures offer a snapshot of how traders are positioning across different Bitcoin price levels as the larger September expiry approaches. The data concerns options open interest and does not establish how Bitcoin’s spot price will perform.
