Will Bitcoin hit $120,000 by December 25, 2026?
No one knows in advance. On November 3, 2026, Bitcoin traded at $76,830, so $120,000 is 56.2% higher. $10 buys a Supervega Bitcoin call option on 0.0110 bitcoin for $9.97, with a $90,000 strike and a December 25, 2026 deadline. It pays about $322 if Bitcoin hits $120,000 before the deadline. Below $90,000 it pays nothing and the $9.97 is lost; between $90,000 and the price where its payout equals its cost, it pays back less than it cost.
What price move does $120,000 need?
On November 3, 2026, Bitcoin traded at $76,830, and $120,000 was 56.2% above that price. The deadline is December 25, 2026 at 08:00 UTC. First, the distance: on that date $43,170 separated Bitcoin's price from the target, and the option pays its full amount only if Bitcoin closes that whole distance before the deadline. Second, the time: the deadline is fixed in the contract, so a move that arrives after it does not count. Third, what counts as a hit: an option bought with a target on Supervega is exercised for you once Bitcoin trades at or above the target before the deadline, not only at expiry, and the payout is sent to the wallet; Supervega checks the price every few minutes. According to Binance's BTC/USDT market, Bitcoin traded at $76,830 at 2026-11-03 09:11 UTC; the live price is in the app.
What does this option cost and pay?
Quote as of 2026-11-03 09:11 UTC. A Bitcoin call option with a $90,000 strike and a December 25, 2026 deadline is offered on Supervega at $906 per bitcoin it covers. First, the cost: $10 buys the option on 0.0110 bitcoin for $9.97, since it is sold in steps of 0.0001 bitcoin, and the $9.97 is the most that can be lost. Second, the payout: an exercise sells the bitcoin the option covers at the market price, and for each bitcoin it pays Bitcoin's price counted 0.5% lower, minus the $90,000 strike, less a 0.3% fee on that difference. If Bitcoin hits $120,000 before the deadline, that is about $29,312 per bitcoin, or about $322 for the $9.97, a multiplier of 32.4. Third, below $90,000 it pays nothing and the $9.97 is lost, and between $90,000 and the price where its payout equals its cost, it pays back less than it cost. Prices move, and the live quote is in the app.
How do I buy this option on Supervega?
Buying this option takes three steps in Supervega. First, open the trade page, pick Bitcoin, and set the target price to $120,000 and the deadline to December 25, 2026; Supervega lists the options for that target and deadline, ranked by multiplier. Second, choose how much to spend: the card shows what you pay, what you get if Bitcoin hits the target and the multiplier, so the trade is visible before anything is sent. Third, buy the option: the order book sells it in steps of 0.0001 bitcoin, so the cost can come in a little under what you chose to spend. Once Bitcoin trades at or above $120,000 before the deadline, Supervega exercises the option for you and the payout is sent to your wallet. What you paid is the most you can lose, with no liquidations and no margin calls.
Bitcoin options on Supervega
Pick a target price and a deadline, and Supervega lists the options for them with what each costs, what it pays at the target and the multiplier. What you pay is the most you can lose.
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