🔥 This Friday will see the expiration of over $4.2 billion in BTC and $1 billion in ETH options. Are you ready?
According to the latest data from Deribit, BTC and ETH options contracts with notional values of $4.234 billion and $1.054 billion will expire on Friday.
Among them, the maximum pain point for Bitcoin options is at $64,000, with a call/put ratio of 0.63, indicating a bullish market sentiment.
Meanwhile, the maximum pain point for current Ethereum options is at $2,600, with a call/put ratio of 0.95, showing strong market sentiment. However, the current price of Ethereum is still around $2,630, indicating insufficient upward momentum.
It is worth noting that by the expiration date on Friday, options worth over $720 million in BTC (equivalent to 17% of the total $4.23 billion) will be in-the-money, meaning that these options have strike prices below market prices, mostly being call options.
In simple terms, if the strike price of a call option is below the current market price, it is in-the-money; for a put option, if the strike price is above the spot price, it is also in-the-money.
💼 In summary, Friday is a key expiration date for this week's options, and the market may experience significant volatility as a result. Everyone should closely monitor market dynamics and seize investment opportunities.
🛡️ But remember, regardless of how the market changes, rational investment and risk control should always come first.
