Around 39,000 Bitcoin options contracts will expire on Friday, October 10, and they have a notional value of roughly $4.3 billion.
This expiry event is a little larger than last week’s, but there is unlikely to be any impact on spot markets, which have been mostly sideways for the past few days.
The US government remains in shutdown mode, and the greenback continues to weaken, but crypto markets have largely shrugged this off.
Bitcoin Options Expiry
This week’s batch of Bitcoin options contracts has a put/call ratio of 1.1, meaning that there are slightly more short contracts expiring than longs, as the bulls regain composure. Max pain is around $117,000, according to Coinglass.
Open interest (OI), or the value or number of Bitcoin options contracts yet to expire, is highest at $140,000, which has reached $2.4 billion at this strike price on Deribit. There is also over $2 billion in OI at $120k, $125k, and $130k, but short sellers have targeted $110,000 as a popular strike price wi
We współpracy z: https://cryptopotato.com/will-markets-fall-further-when-5-3b-crypto-options-expire/
