Aug 13 BTC options (13AUG26) are rolling off — about 5 hours remaining. Max Pain sits near 64k: the level where most longs hurt more than shorts — spot often drifts toward it in the final hours.
Spot 63.3k is below Max Pain 64k — some flow still has room to pull higher. OI roughly 3559 contracts, light OI — limited traction. Vol can expand into the roll — size down directional bets; spot may tug around Max Pain.
OI and Max Pain move; don't treat either as gospel. #BTC #OptionsExpiry
Spot 63.3k is below Max Pain 64k — some flow still has room to pull higher. OI roughly 3559 contracts, light OI — limited traction. Vol can expand into the roll — size down directional bets; spot may tug around Max Pain.
OI and Max Pain move; don't treat either as gospel. #BTC #OptionsExpiry