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Bitcoin remains below $79,250 with less than a day to recover, so an August 31 settlement at or above the strike is unlikely.
The settlement-basis price is about $78,282, requiring a 1.24% gain with 12.9 hours remaining. Bitcoin recently traded above the strike, keeping a late rebound plausible, but repeated rejection near $80,000, fresh ETF outflows, and hawkish monetary signals favor another below-strike finish. A lone delayed FT/LSEG index reading far above the strike conflicts sharply with contemporaneous prices near $78,000 and adds measurement uncertainty rather than persuasive support.
Research and information only. Not financial advice or a recommendation to trade. Markets involve risk, including loss of capital. Review venue rules and eligibility before trading.