Mstr futures options traders on MSTR futures are

Options traders on MSTR futures are paying higher premiums for weekly calls expiring Friday, which could indicate expectation of short-term catalysts like crypto ETF approvals. Bitcoin (BTC), up 2.5% in the past 24 hours, has created a CME futures gap between $110,000 and $111,335. That's the difference between its prices when the CME market closed for the week on Friday and reopened on Sunday. The MSTR futures market is experiencing heightened gamma exposure in options, increasing the likelihood of sharp intraday moves triggered by market-maker hedging flows. Analysts note MSTR futures have outperformed several tech indexes this quarter, largely due to MicroStrategy’s aggressive BTC holdings strategy. Current futures pricing shows an implied volatility of 72%, signaling traders expect larger-than-average moves in the near term.