#$2.7 billion worth of options expire tomorrow.#
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 a 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 a maximum pain point of $3,200. Due to the difference in put-to-call ratios, Bitcoin may remain range-bound, while Ethereum could be prone to bullish movements.
Ace Hot Topic Analysis
Analysis
Tomorrow, Bitcoin and Ethereum options worth an estimated $2.73 billion will expire on the Deribit exchange. Of these, Bitcoin options have a notional value of $2.09 billion, with a put-to-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-to-call ratio of 0.31 and a maximum pain point of $3,200. This means that investors holding put options will realize the greatest gains if Bitcoin falls below $96,000, or Ethereum falls below $3,200. The disparity in the put-to-call ratios suggests that the market is more cautious on Bitcoin and more optimistic on Ethereum. As a result, Bitcoin may remain range-bound while Ethereum may trend upwards.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion worth of BTC and ETH options will 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, while the Put Call Ratio for ETH options is 0.31, with a maximum pain point of $3,200.
The higher Put Call Ratio for BTC options indicates that the market is more cautious about the price movement of BTC, while the lower Put Call Ratio for ETH options indicates that the market is more optimistic about the price movement of ETH.
Option expiry may have an impact on the price of BTC and ETH, and it is necessary to pay attention to the market performance after option expiry.