Bitcoin Options on Deribit Now Go to $200K After Recent Surge

The folks at Deribit apparently think the recent explosion in the price of bitcoin (BTC) from $20,000 to around $32,000 in just over a month, including a 10% rise in the last 24 hours, merits offering traders the ability to bet on a rally to $200,000 by late December.

That supersedes the $160,000 option as the most traders can bet where the leading cryptocurrency will rise.
Even with today's wild ride for bitcoin there have been no takers at any strike north of $80,000.

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