Around 103,500 Bitcoin options contracts will expire on Friday, July 25, and they have a notional value of roughly $12.6 billion.
This one is much larger than last week’s expiry, being an end-of-month event, but unlikely to be enough to influence spot markets, which have been on the back foot for most of the week.
“Last month’s H1 expiry hit $17 billion. This week is not far behind, with over $15 billion in BTC and ETH options expiring,” observed Deribit.
Bitcoin Options Expiry
This week’s big batch of Bitcoin options contracts has a put/call ratio of 0.88, meaning that there are more calls expiring than put contracts. There is also a max pain point of $112,000, around $4,000 below current spot prices, which is where most losses will be made on contract expiry.
Open interest (OI), or the value or number of BTC options contracts yet to expire, is highest at $140,000, which has surged to over $3 billion at this strike price. There is also more than $2 billion OI at $120,000 a
We współpracy z: https://cryptopotato.com/will-markets-continue-to-fall-when-15b-crypto-options-expire-today/
