IBIT Options Outlook: Will the $35 Put Wall Hold Into the August 7 Expiration?

Hey, it's August 2, 2026, and we're talking about IBIT, the iShares Bitcoin Trust ETF, which closed Friday at $35.64. Here's the call up front. Options traders are leaning neutral with just a slight bullish tilt heading into this Friday's expiration, August 7. The options market is pricing a trading band of roughly $33.98 on the low end up to $37.30 on the high end. And there's one number…

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