#$2.7 billion in options expire tomorrow.#
Hot Topic Overview
Overview
Tomorrow, approximately $2.73 billion worth of Bitcoin and Ethereum options are set to expire on the Deribit exchange. Of this, Bitcoin options have a notional value of $2.09 billion, with a maximum pain point at $96,000 and a put/call ratio of 0.95; Ethereum options have a notional value of $639 million, with a maximum pain point at $3,200 and a put/call ratio of 0.31. Due to the disparity in put/call ratios, Bitcoin is likely to remain range-bound, while Ethereum leans towards bullishness.
Ace Hot Topic Analysis
Analysis
Tomorrow, approximately $2.73 billion worth of Bitcoin and Ethereum options will expire on the Deribit exchange. Of this, $2.09 billion is in Bitcoin options, with a put/call ratio of 0.95 and a maximum pain point of $96,000. Ethereum options, on the other hand, account for $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, put option holders will profit, while if the price is above $96,000, call option holders will profit. The lower put/call ratio for Ethereum suggests stronger bullish sentiment, and call option holders will profit if the price breaks through $3,200. Option expirations usually have an impact on the market, and investors need to closely monitor market movements after the expiration and make investment decisions based on their own situations.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion worth of BTC and ETH options will expire tomorrow, of which BTC options have a notional value of $2.09 billion and ETH options have 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 certain degree of bearish sentiment in the market towards BTC price movements.
The Put Call Ratio for ETH options is 0.31, with the maximum pain point at $3,200, indicating a relatively bullish sentiment in the market towards ETH price movements.
Option expiry may have a certain impact on the prices of BTC and ETH, and it is necessary to monitor market reactions.