📊 Deribit Options Insight! 💼🔍 Lin Chen, Asia Business Development Manager at Deribit, shares insights with CoinDesk. He notes that Bitcoin and Ethereum (ETH) put options expiring on the 25th at 17:00 KST are predominantly in-the-money. An in-the-money put option indicates the underlying asset's market price is higher than the option's strike price. Holders of 25-day BTC and ETH put options can profit by selling the underlying asset above market price. This is because BTC and ETH prices are currently below the 'Max Payne' price of August options. For a 25-day BTC option, the Max Payne price is $28,000, while for ETH, it's $1,800. On the 25th, Deribit expects 72,000 BTC option contracts worth $1.9 billion and 535,000 ETH option contracts worth $893 million to mature and settle. 📈💰 #DeribitOptions #CryptoInsights #OptionsMarket

📉📈 According to CoinDesk, there is a prevailing bearish sentiment in the options market for Ethereum (ETH). Both short and long ETH put options are trading at a premium compared to calls, indicating a continued bearish outlook. The Ethereum call-put skew, which measures the implied volatility premium of call options over put options, is currently well below zero. This suggests that the cost of put options used to hedge against price declines is relatively high. On the other hand, while there is a bearish view for the short term in the Bitcoin options market, there is maintained bullish betting for the long term. 📊📉 #Ethereum #OptionsMarket #BearishSentiment

Does anyone knows how to sell options on Binance?

#OptionsTrading #OptionsMarket #BTC

Options Market Unrest: Retail Traders Short Delta and Gamma
In options space, retail traders were aggressive sellers of delta and gamma exposures, mostly via 0DTE exposures, with JPM estimating the gamma imbalance to be the most extreme in the history of their data set. This gamma imbalance (against dealer longs) likely led to the steady grind up in stocks all week with the SPX rising 9 days out of 10.
#OptionsMarket #GammaImbalance #JPMHistoricalData #SteadyStockRise #SPXRisingTrend