#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-to-call ratio of 0.95 and maximum pain point of $96,000; Ethereum options have a notional value of $639 million, with a put-to-call ratio of 0.31 and maximum pain point of $3,200. This implies that the market is slightly more bearish on Bitcoin, while bullish sentiment is more pronounced for Ethereum.
Ace Hot Topic Analysis
Analysis
According to Deribit data, the notional value of BTC and ETH options expiring tomorrow totals approximately $2.73 billion, with BTC options accounting for $2.09 billion. The maximum pain point for BTC options is $96,000, and the Put Call Ratio is 0.95, indicating a relatively balanced bearish and bullish sentiment. Meanwhile, ETH options have a notional value of $639 million, with a maximum pain point of $3,200 and a Put Call Ratio of 0.31, suggesting a dominant bullish sentiment. This implies that Bitcoin may maintain its range-bound movement after the options expire, while Ethereum may tend to rise. It is important to note that these are merely inferences based on options data, and actual market movements should be considered in conjunction with other factors.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion in BTC and ETH options are set to 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 a maximum pain point of $96,000, indicating a slightly bearish sentiment 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 for ETH.
Option expiry could have an impact on the price of BTC and ETH, but the specific direction of the impact is not yet clear.