Traders are betting big on Bitcoin soaring to $300,000 by the end of June 2025, but is this bold options strategy a smart move or a high-risk gamble?
A call option gives the buyer the right but not the obligation to purchase an asset (in this case, Bitcoin) at a predetermined price before a specific date.
If the market price rises above that strike price, the option becomes profitable, or “in the money.” If it doesn’t, the option expires worthless.
