#$2.7 billion worth of options expire#
Hot Topic Overview
Overview
A total of approximately $2.73 billion worth of Bitcoin and Ethereum options will expire on the Deribit exchange tomorrow. Of this, Bitcoin options have a notional value of $2.09 billion, with a put/call ratio of 0.95 and a maximum pain point of $96,000. Ethereum options have a notional value of $639 million, with a put/call ratio of 0.31 and a maximum pain point of $3,200. Due to the difference in put/call ratios, Bitcoin may remain range-bound while Ethereum may have an inclination towards upside.
Ace Hot Topic Analysis
Analysis
Tomorrow, approximately $2.73 billion worth of Bitcoin and Ethereum options will expire on the Deribit exchange. Of this, Bitcoin options have a notional value of $2.09 billion, with a put/call ratio of 0.95 and a maximum pain point of $96,000. Ethereum options have a notional value of $639 million, with a put/call ratio of 0.31 and a maximum pain point of $3,200. This means that if the price of Bitcoin falls below $96,000 at expiration tomorrow, investors who sold put options will suffer the most losses, while if the price is above $96,000, investors who bought call options will profit. The situation is similar for Ethereum options, with a lower put/call ratio indicating stronger bullish sentiment for Ethereum. Due to the diverging put/call ratios, Bitcoin may remain range-bound, while Ethereum may be inclined towards a bullish direction.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion in BTC and ETH options expire tomorrow, with BTC options having a notional value of $2.09 billion and ETH options having a notional value of $639 million.
The Put Call Ratio for BTC options is 0.95, with the maximum pain point at $96,000, indicating a degree of bearish sentiment in the market about BTC price movements.
The Put Call Ratio for ETH options is 0.31, with the maximum pain point at $3,200, indicating a degree of bullish sentiment in the market about ETH price movements.
As the Put/Call ratio diverges, BTC may remain range-bound while ETH may favor bullish momentum.