IBIT Options Outlook: Will the $45 Put Wall Hold Through Oct 23?

Today is October 18, 2026, and this is your read on iShares Bitcoin Trust ETF, ticker IBIT, which closed Friday at $46.15. The bias is slightly bearish. The options market is pricing a move of about $2.21 either way into October 23, which gives a range from $43.94 to $48.36. And the read breaks if IBIT closes above $47.44. That's the call: slightly bearish, inside that range, wrong above $47.44.

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