Over $20 Billion in Bitcoin and Ethereum Options Set to Expire Today

in bitcoin •  6 months ago 

According to BlockBeats, data from Greeks.live shows that 19,000 BTC options are set to expire today, with a maximum pain point of $55,000 and a notional value of $20 billion. Additionally, 110,000 ETH options are also set to expire, with a maximum pain point of $3,000 and a notional value of $7.9 billion.

Greeks.live researcher Adam stated that this week, Bitcoin briefly surpassed $64,000, reaching historical highs in various fiat currencies. The main term implied volatility (IV) showed a significant upward trend, on par with levels seen in January this year and March last year. The US funds-driven spot bull market experienced an astonishing surge this week, but the increase in options trading volume and open interest was not significant. Recently, buyers have been more focused on spot protection, and the solid inflow of funds has made the market structure very healthy.

Bitcoin's current market share has exceeded 50%, and more attention can be given to Ethereum after this bull market round.

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