According to CoinDesk, approximately 81,700 Bitcoin options contracts will expire on Friday at 08:00 UTC on Deribit, with a notional value of about $6.44 billion. Call options outnumber put options, with a put/call ratio of 0.83, and the maximum pain point is at $68,000. Bitcoin’s recent rise from around $62,000 to $80,000 has pushed a significant number of call options into the money, increasing hedging pressure on market makers.
$6.44 billion in Bitcoin options are set to expire on Friday, potentially increasing market volatility.
TechFlowShare
Summary
Bitcoin options market activity is set to peak on Friday as 81,700 contracts worth $6.44 billion expire on Deribit at 08:00 UTC. On-chain data shows a put/call ratio of 0.83, with the maximum pain point at $68,000. Bitcoin’s recent rise from $62,000 to $80,000 has pushed many call options into in-the-money status, increasing hedging pressure on market makers.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.