A week ago last Thursday, Deribit made news by introducing call and put options at the $100,000 strike price.
Options at the $100,000 strike price expiring on Sept. 24, 2021, went live on Deribit Thursday.
Bitcoin's fall toward $18,000 has revived demand for short-dated put options as a way to hedge downside risk.
Options investors appear to be eyeing more gains for the top cryptocurrency, which is now just 2.8% below a record high.
Binance said user demand prompted the new listing.
Bitcoin's options market is in the midst of its strongest bullish sentiment on record as the cryptocurrency rallies to three-year highs.
Daily volume for bitcoin options have hit lifetime highs on crypto derivatives exchange Deribit.
Options at a $40,000 strike price expiring in March 2021 and June 2021 went live on Deribit early on Friday
At press time, bitcoin was seeing a 6% probability of bitcoin trading above the historical 2017 all-time high of $20,000 by the end of December.
Bitcoin's price clocked two-month highs above $12,370 on Wednesday. The options market expects a continued rally.
Trading volumes for CME bitcoin options surged as traders made bull call spreads, anticipating a rally.
Options market data suggests the longer-term path of least resistance for bitcoin is to the higher side.
Bitcoin's options market is more popular than ever with record open interest of more than $2.10 billion.
The cryptocurrency derivatives platform now offers put and call options contracts settled in the stablecoin tether (USDT).
PowerTrade is a new mobile-based cryptocurrency options trading platform set to launch this year.