Kraken head of OTC explains the bullish signals to look for in bitcoin options

Markets • October 31, 2023, 8:01AM EDT

Published 1 minute earlier on

Quick Take

Juthica Chou dissects the impact of crypto’s recent rally on the options market, and highlights key signals for the coming weeks.

Episode 93 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and Kraken head of OTC options trading Juthica Chou

Listen below, and subscribe to The Scoop on Youtube, Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected].

Juthica Chou is the head of OTC options trading at Kraken and the former president of LedgerX.

In this episode, Chou explains how crypto's recent rally is being reflected in the options market, and what signals to pay attention to in the weeks ahead.

According to Chou, volatility has returned to the market after months of relatively little activity:

"The market's definitely pricing some big moves. And I always say, like if it can go up fast, it can go down faster."

This episode is brought to you by our sponsors PayPal.

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About Authors

Davis Quinton is the Director of Podcasts at The Block and runs our flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an 'intern' in early 2022, he has worked closely with leaders across departments to translate The Block's written content into engaging multimedia formats. He holds a degree in Social Research & Public Policy from New York University in Abu Dhabi and is based in Sydney, Australia.

Frank Chaparro is the Editor At Large at The Block. Chaparro started his career at Business Insider, where he specialized in the intersection of digital assets and Wall Street, market structure, and financial technology. Soon after joining Business Insider out of Fordham University, Chaparro was interviewing top finance and tech executives, including billionaire Mark Cuban, “Flash Boys” star Brad Katsuyama, Cboe Global Markets CEO Ed Tilly, and New York Stock Exchange President Tom Farley. In 2018, he become a sought after reporter in the crypto world, interviewing luminaries such as Tyler Winklevoss, the cofounder of Gemini, Jeremy Allaire, the CEO of Circle, and Fundstrat head Tom Lee. He runs his own podcast The Scoop and writes a biweekly eponymous newsletter. He leads special projects, including The Block's flagship podcast, The Scoop. Prior to The Block, he held roles at Business Insider, NPR, and Nasdaq. For inquiries or tips, email [email protected].