Today, there is approximately $7.7 billion worth of Bitcoin$BTC
(BTC) and Ethereum (ETH) options are expiring.
According to data from leading exchange Deribit, 89 thousand Bitcoin contracts worth a total of $5.8 billion expire today. The put-call ratio of these options is set at 0.64, while the maximum pain level is around $59 thousand.
Max pain is the strike price that has the most open option contracts. It shows the price at which the largest number of option holders will suffer a loss at expiration. The put-call ratio reflects the ratio between the call and put options in the market.
Apart from Bitcoin, there are 718,000 Ethereum coins worth more than $1.9 billion $ETH
The contract is also expiring. The put-call ratio of these contracts is 0.47; the maximum pain level is $2,500.
A Positive Period is Expected for Bitcoin
Today is also the third-quarter delivery day, a key factor supporting the strong rally observed in the cryptocurrency market over the last three weeks. This rally has accelerated with the rise in market confidence following the 50 basis point rate cut by the US Federal Reserve (Fed).
As the third quarter comes to an end, the fourth quarter is generally positive based on historical data. Furthermore, with the approaching US elections and expectations of two interest rate cuts, trading opportunities are expected to increase in this quarter.
“This quarterly delivery brings a large amount of position changes and margin swings. Implied volatility (IV) in all major maturities is at low levels. IV is expected to face downward pressure after the quarterly delivery. Therefore, the next two weeks could present a good opportunity to build positions for the fourth quarter,” derivatives analyst Greeks.live said.
FOR THE GIFT OF 10 DOLLARS PLEASE READ CAREFULLY.
My friends, you know that we, the publishers, are doing everything we can for you here. We are conveying to you the services and conveniences that our authorities have provided us. I have never withdrawn my support for both the cryptocurrency market and you, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE ESPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION OF WHAT I HAVE SAID ABOUT THIS ISSUE BY CALLING LIVE HELP. IT IS A 10 DOLLAR CAMPAIGN MADE FOR YOU THROUGH ME.
Now I will explain how you will receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who can benefit?
Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.
I EXPLAIN IN DETAILED.
My brothers and sisters who have become Binance members without a reference, please listen carefully;
When you do what I say in order, you will receive 10 USDT.
Go to the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.
The first 1,000 brothers who open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this; even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.
It's very simple. Go to futures, enter my 88623008 referral code and activate the account. Then just open a transaction of 200 usdt in total and get the 10 usdt reward.
WHEN WILL THE REWARD COME?
Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.
You can share this post with your friends in need so that they can also benefit from it.
IN THE MEANWHILE, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. EVEN IF YOU HAVEN'T FOLLOWED US YET, DON'T FORGET TO FOLLOW US. WITH MY REGARDS.
