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Bitcoin Options Index (^OIX) price sentiment indicator hits all time high ($42.66 / BTC)

The recent purchase of ~36,000 call options has driven the OIX to an all-time high, a very bullish signal for the medium-term bitcoin price. This indicator is based on the average break-even value for bitcoin options purchased in the past week. Over 60,000BTC in market-based bets is currently at risk in the option contracts purchased in the past week, so it's an indicator based on over $2,000,000 in real money bets on the future price of bitcoin. You can read more about how the OIX is calculated here. Which also includes this nifty historical chart of OIX vs. BTC price.
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Where Bitcoin Is Accepted

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