#2.7 billion options expire tomorrow.#
Hot Topic Overview
Overview
Tomorrow, about $2.73 billion worth of Bitcoin and Ethereum options will expire on the Deribit exchange. Of this, 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 differences in the put/call ratio, Bitcoin could remain range-bound, while Ethereum could lean bullish.
Ace Hot Topic Analysis
Analysis
Tomorrow, $2.73 billion worth of Bitcoin and Ethereum options will expire on the Deribit exchange. Among them, 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. The difference in put/call ratios suggests that Bitcoin may stay rangebound, while Ethereum is leaning bullish. This indicates that investors are cautious about the future direction of Bitcoin, while they are more optimistic about Ethereum. Option expirations usually have some impact on the market, and investors need to closely monitor market performance after option expirations and make investment decisions accordingly based on market changes.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion in BTC and ETH options will expire tomorrow, with a notional value of $2.09 billion for BTC options and $639 million for ETH options.
The Put Call Ratio for BTC options is 0.95, with the maximum pain point at $96,000, indicating a slightly bearish sentiment for BTC.
The Put Call Ratio for ETH options is 0.31, with the maximum pain point at $3,200, indicating a stronger bullish sentiment for ETH.
Option expiry may have some impact on the prices of BTC and ETH, and market reactions need to be watched.