U.S. Election 2024: Bitcoin And S&P 500 Options Show Divergent Trends

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U.S. Election 2024: Bitcoin And S&P 500 Options Show Divergent Trends
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Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.

Short-term BTC options show a bias for calls, indicating positive outlook around the U.S. election, due Nov. 4.

Meanwhile, short-term options tied to Wall Street's benchmark equity index, the S&P 500, showed a bias for put options. Still, the divergence between bitcoin and S&P 500 options is"setting the stage for something big," according to Block Scholes' CEO and Founder Eamonn Gashier.

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