On Friday, traders significantly increased their activity in West Texas Intermediate (WTI) crude oil call options priced at $80, anticipating further price gains following heightened geopolitical tensions in the Middle East. The escalation began with Israeli airstrikes targeting Iranian positions, intensifying fears of a broader conflict in the region—a key factor influencing global oil markets due to the Middle East's critical role in energy supply.

The Chicago Mercantile Exchange $CME has announced its intention to introduce cash-settled options tied to its Bitcoin futures, pending regulatory approval. Giovanni Vicioso, CME's Global Head of Cryptocurrency Products, stated that the smaller scale and daily expiration of these new option contracts offer market participants more capital-efficient tools to adjust their Bitcoin $BTCUSD exposure.