Bitcoin options with a notional value of about $4.2 billion will expire this Friday

avatar
Blockbeats
13 hours ago
This article is machine translated
Show original
On October 22nd, approximately $4.2 billion in Bitcoin options and $1 billion in Ethereum options are set to expire and be settled this Friday. Of this, around $682 million in Bitcoin options are "in-the-money", with the majority being call options. This distribution is similar to the previous quarter's expiration. The current put/call ratio for Bitcoin options is 0.62, indicating a bullish market sentiment. The maximum pain price for Bitcoin is $64,000, while the current trading price is around $67,000, higher than the maximum pain level. It is worth noting that the current Ethereum trading price is around $2,600, which is exactly at its maximum pain price level.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
Comments