IBIT Options Outlook: Will the Broken $44 Put Wall Cap the Bounce?

This is your daily read on iShares Bitcoin Trust ETF, ticker IBIT, for November 1, 2026. It closed Friday at $43.36, and the bias is slightly bearish. The options market is pricing a move of about $2.73 either way into the November 6 expiration, which gives a range of $40.63 to $46.09. The read gets undone if IBIT closes above $44.25. That's the kill switch. Everything else today is just the…

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