#$2.7 billion options expire#
Hot Topic Overview
Overview
Tomorrow, approximately $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 discrepancy in put/call ratios, the market expects Bitcoin to remain range-bound, while Ethereum leans bullish.
Ace Hot Topic Analysis
Analysis
Tomorrow, approximately $2.73 billion worth of Bitcoin and Ethereum options are set to expire on Deribit. Of this, $2.09 billion is in Bitcoin options, with a put/call ratio of 0.95 and a maximum pain point of $96,000. Ethereum options expire with a notional value of $639 million, a put/call ratio of 0.31, and a maximum pain point of $3,200.The divergence in put/call ratios suggests that the market expects Bitcoin to remain range-bound, while Ethereum is leaning towards bullish. This implies that Bitcoin may fluctuate around the $96,000 level, while Ethereum could potentially break through $3,200. However, these are just market expectations, and the actual movement will still depend on market conditions.
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 a maximum pain point of $96,000, indicating a slight bearish sentiment in the market for BTC.
The Put Call Ratio for ETH options is 0.31, with a maximum pain point of $3,200, indicating a stronger bullish sentiment in the market for ETH.
Option expiration may have some impact on the prices of BTC and ETH, and market reactions need to be monitored.