đđ #Deribit : About $3 billion in options expire this Friday:
â $BTC Bitcoin:
- par value of options: $1.97 billion;
- put/call ratio: 0.84;
- maximum number of pain points: $60,000
â $ETH Ethereum:
- par value of options: $1.106 billion;
- put/call ratio: 0.63;
- maximum number of pain points: $2950
Also BTC call options are concentrated at a strike price of $70,000 ahead of the end of the week on Friday and the expiration at the end of the month.
Head of Derivatives at Bitfinex:
The skew in put-call options ahead of the BTC options expiration on Friday and at the end of the month is bullish indicator for the market.