More than 98,500 Bitcoin options contracts are set to expire on Friday, November 29, with a notional value of $9.48 billion, three times more than last week. However, the year-end event in December could surpass this figure.
- The put/call ratio is 0.84, indicating that more calls than puts are expiring.
- Open interest peaked at $100,000, with $2 billion.
- The market saw large block trades, with more than $120 million in calls.
The total market capitalization remains stable at $3.5 trillion. Bitcoin has recovered strongly, while Ethereum holds below $3,600. Altcoins are also growing, painting a positive picture for the market. 🚀