#2.73 billion options are about to expire.#
Hot Topic Overview
Overview
The crypto options market is about to experience a significant expiry event, with a total of approximately $2.73 billion in BTC and ETH options expiring on Deribit tomorrow. Among them, BTC options have a notional value of $2.09 billion, with a put/call ratio of 0.95 and a maximum pain point of $96,000; ETH options have a notional value of $639 million, with a put/call ratio of 0.31 and a maximum pain point of $3,200. This expiry event will have a significant impact on the price trends of BTC and ETH, and investors need to closely monitor market dynamics and make investment decisions based on their own risk preferences.
Ace Hot Topic Analysis
Analysis
Tomorrow, Deribit exchange will see $2.73 billion worth of Bitcoin and Ethereum options expire, with $2.09 billion in Bitcoin options, a maximum pain point of $96,000, and a put/call ratio of 0.95. Ethereum options account for $639 million, with a maximum pain point of $3,200 and a put/call ratio of 0.31. This indicates that Bitcoin options have a more balanced put and call sentiment, while Ethereum options are leaning towards a bullish bias. As option expirations can have some impact on the market, investors need to closely watch the market movement after option expiry, especially the volatility of Bitcoin and Ethereum. The divergent put/call ratios also suggest that the two cryptocurrencies may have different trajectories, with Bitcoin potentially remaining range-bound while Ethereum may lean towards an upward trend.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion in BTC and ETH options are set to expire on Deribit, with BTC options having a notional value of $2.09 billion and ETH options having a notional value of $639 million.
The Put Call Ratio for BTC options is 0.95, with a maximum pain point of $96,000, indicating significant uncertainty in the market about the direction of BTC prices.
The Put Call Ratio for ETH options is 0.31, with a maximum pain point of $3,200, indicating a more optimistic outlook on ETH price movements.
Option expiry could have some impact on the prices of BTC and ETH, and market reaction should be monitored.