【Deribit CEO: Demand for call options surges after the U.S. election, traders expect short-term high volatility】 October 26, according to The Block, Deribit CEO Luuk Strijers said that derivatives traders are preparing for Bitcoin's bullish trend in the days after the US election on November 5. Strijers said: "For options expiring on November 8, open interest is worth more than $2 billion, with major strike prices of $70,000, $75,000 and $80,000, and the put/call ratio is 0.55, indicating that there are twice as many open calls as puts. Compared with Mark IV, Forward IV has a clear lift, especially during election week, which shows that traders expect higher volatility. Forward implied volatility is 72.29%, which suggests that prices may move about 3.78% in the days after the presidential election."Strijers added that the peak in implied volatility was short-lived, indicating that the market does not expect long-term uncertainty. The 25 Delta Skew (Put-Call) is negative across the board, indicating that the market expects a larger upside and increased bullish sentiment. Demand for call options is strong relative to put options, with investors less concerned about managing downside risk.