We're likely getting close to the point of "maximum optimism" on bitcoin. From what I can tell, this…

Can I buy "PUT" options on bitcoin in my Fidelity account?

There are no put options on it. Soon there will be futures contracts on it that may act like a put or a short. GBTC which "sort of" tracks bitcoin is shortable but no puts. NOW, with that said...I'd not recommend shorting. Shorting has unlimited risks. A put, though, would be like a short with limited risk. So if there was a put on it, I'd be ok with that but there's not.

I assure you though its why institutions want there to be futures on it so they can essentially short it into its coming crash.

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