$1.5 Billion in Bitcoin and Ethereum Options Expiry: What to Expect Amid Market Recovery
What’s Next for the Bitcoin and Ethereum Options Market After Expiry
According to Deribit, over $1.12 billion in Bitcoin options are set to expire, with a maximum pain point of $60,000. This batch includes 18,440 contracts, down from the previous week's 24,383. The put-to-call ratio remains stable at 0.83.
The maximum pain point in options trading is the price where the most options expire worthless, causing financial loss for option holders. The put-to-call ratio indicates market sentiment; below 1 suggests bullish behavior with more calls than puts.
Expiring Ethereum Options
For Ethereum, $378.39 million in options are set to expire across 141,410 contracts, down from last week’s 183,821. The maximum pain point stands at $2,625, with a put-to-call ratio of 0.92.
Analysts from Greeks.live noted that macro data this week did not cause significant movements, resulting in a continued decline in cryptocurrencies' volatility and a gradual decrease in the options market’s volatility expectations.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.