Upcoming BTC and ETH Options Expiry – A Close Look

  1. 29k BTC options and 169k ETH options are set to expire, with a notional value of $780 million and $310 million, respectively.
  2. These expiries may introduce short-term volatility, impacting the prices of Bitcoin and Ethereum.
  3. Investors are advised to stay informed and adjust their strategies accordingly in light of these upcoming events.

This month’s crypto calendar is earmarked by a noteworthy event – the impending expiry of substantial volumes of Bitcoin (BTC) and Ethereum (ETH) options. The quantities involved are impressive, potentially having an impactful effect on the dynamics of the market.

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For Bitcoin, there are about 29k options contracts queued up for expiry. The current landscape reveals a Put Call Ratio at 0.81, while the max pain point is around $27,500. When these numbers are transformed into dollar terms, we’re looking at a significant figure. The notional value of these Bitcoin contracts stands approximately at a whopping $780 million.

But that’s not all. Ethereum is also due for a similar event. A more considerable number of options are on the edge of expiry – 169k, to be exact. These contracts hold a Put Call Ratio of 0.96 with a max pain point hovering at $1,800. If we delve into the notional value of these Ethereum contracts, it represents an astounding $310 million.

The expiry of these contracts isn’t something to be taken lightly. It might be the catalyst for short-term volatility in the crypto market, potentially affecting Bitcoin and Ethereum prices. The fluctuations might even ripple through other cryptos, subtly altering their trajectory.

Investors, traders, and market watchers need to brace themselves for potential price swings, which could, in turn, require adjusting their investment and trading strategies. The crypto market, known for its dynamic nature, could see a shifting landscape in light of these upcoming events.

As always, information is power in this fast-paced industry. Keeping oneself informed about such events is essential for navigating the unpredictable waters of cryptocurrency investments.

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

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