BlackRock's IBIT Option Debuts with Trading Volume of Nearly $1.9 Billion on First Day, with 82% being Call Options

BlockBeats News, November 20th, Bloomberg Senior ETF Analyst James Seyffart posted data on social media indicating that the notional open interest for 354,000 contracts traded on the first day of trading for the BlackRock IBIT Options was slightly below $1.9 billion, with 82% being call options (289,000 contracts) and 18% being put options (65,000 contracts), a ratio of 4.4:1. It is almost certain that such first-day data was one of the reasons for Bitcoin hitting a new all-time high.