“Merchants seem like snapping up bitcoin name choices on the $100k strike worth. Per CF Benchmarks’ knowledge, the 30-day fixed maturity 25 delta skew has now breached the 5 vol threshold, a close to YTD excessive, which suggests that there’s a lot higher demand for upside publicity,” Thomas Erdösi, head of product at CF Benchmarks, informed CoinDesk in an e-mail.