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Deribit CEO Luuk Strijers stated that derivatives traders are preparing for the bullish trend of Bitcoin in the days following the November 5th US election. He added that data shows that the number of Bitcoin call options expiring on November 8th is twice that of put options, making it the first option to expire after the US presidential election. Strijers stated that for options expiring on November 8th, the value of open contracts exceeds $2 billion, with main strike prices of $70000, $75000, and $80000, and a put/call ratio of 0.55, indicating that the number of open call options is put @sewerperson
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