#$2.7 billion worth of options expire#
Hot Topic Overview
Overview
Bitcoin and Ethereum options worth an estimated $2.73 billion are set to expire on Deribit tomorrow. Of these, Bitcoin 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. Ethereum options have a notional value of $639 million, with a put/call ratio of 0.31 and a maximum pain point of $3,200. Due to the diverging put/call ratios, Bitcoin may remain range-bound while Ethereum may favor bullish moves.
Ace Hot Topic Analysis
Analysis
Tomorrow, the Deribit exchange will see $2.73 billion in Bitcoin and Ethereum options expire, with Bitcoin options representing $2.09 billion in notional value, a maximum pain point of $96,000, and a put/call ratio of 0.95; Ethereum options represent $639 million in notional value, a maximum pain point of $3,200, and a put/call ratio of 0.31. This means that the put/call ratio for Bitcoin options is close to 1, indicating significant market uncertainty about the future price direction, while the put/call ratio for Ethereum options is relatively low, indicating greater market optimism about the future price direction of Ethereum. With the option expiry approaching, market volatility may increase, and investors need to pay close attention to market developments and make investment decisions based on their own risk tolerance.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion in BTC and ETH options expire tomorrow, 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 the maximum pain point at $96,000, while the Put Call Ratio for ETH options is 0.31, with the maximum pain point at $3,200.
The put/call ratio for BTC options suggests that BTC may remain range-bound, while the put/call ratio for ETH options leans bullish.
Option expiry may have an impact on the price of BTC and ETH, and it is important to monitor market dynamics closely.