💰 $2.7 Billion Bitcoin Options Expiry This Friday
Approximately 33,441 BTC in options contracts are scheduled to expire this Friday at 08:00 UTC on Deribit. The calculated "max pain" price—the level at which the highest number of options would expire worthless—currently sits at $79,000, roughly 1.6% below the current market price of $80,280.
The market displays a strong bullish sentiment with a put-to-call ratio of 0.34. Data shows nearly three call options for every put option, with the heaviest concentration of bullish bets placed at the $82,000 and $85,000 strike prices.
#Bitcoin #CryptoNews #OptionsExpiry #Macro
Approximately 33,441 BTC in options contracts are scheduled to expire this Friday at 08:00 UTC on Deribit. The calculated "max pain" price—the level at which the highest number of options would expire worthless—currently sits at $79,000, roughly 1.6% below the current market price of $80,280.
The market displays a strong bullish sentiment with a put-to-call ratio of 0.34. Data shows nearly three call options for every put option, with the heaviest concentration of bullish bets placed at the $82,000 and $85,000 strike prices.
#Bitcoin #CryptoNews #OptionsExpiry #Macro