With only a short time left until the end of September and thus the third quarter, options totaling $4.2 billion will expire today.
- According to Bybt data, the deadline for expiry of more than 70,000 bitcoin (BTC) and more than 500,000 ether (ETH) options has arrived.
- About 90% of them are on Deribit, where each bitcoin option equals 1 BTC and each ether option equals 1 ETH.
- Approximately 64,500 bitcoin options ($2.8 billion) and 467,400 ether options ($1.4 billion) on Deribit will expire at 11:00 Turkish time.
- More than 45,900 purchases for bitcoin, according to Bybt data; There are more than 24,600 put options. Call options are the most popular with more than 4,500 open positions. for $64,000 concentrated.
- The bitcoin price, which fell below $ 40,000 on some exchanges this week, is moving above $ 44,000 on Friday morning, according to CoinGecko data.
- Max pain level for bitcoin options on Deribit $44,000 was determined as.
- The impact of the cryptocurrency options market on the spot market remains unclear due to the difference between the trading volume of the contracts in the options market and the assets on which these contracts are based.
- According to data from Skew and The Block, the options market is about to drop on Thursday. 500 million dollars While volume is forming, this number is for the spot market. 40 billion dollars was on it.
Image: Dollar (Sean/Flickr licensed, image modified by Koin Bulletin)
The article titled 4.2 Billion Dollars Bitcoin and Ether Option Expires in September was prepared by Ömer SAKMAR and published on koinbulteni.com.