The open interest for the $300,000 BTC call options expiring at the end of June on Deribit has exceeded 5,000 contracts, with an open interest value of approximately $484 million

PANews reported on May 5, according to CoinDesk, that a Bitcoin call option with a strike price of $300,000 on the derivatives trading market Deribit is set to expire on June 26. Theoretically, this call option bets that BTC's spot price will double to over $300,000 by the end of the first half of this year. Currently, its active contract volume has exceeded 5,000, with a nominal open interest value of $484 million, making it the second most popular product among the June expiring options on the Deribit platform, second only to the $110,000 call option.