$BTC : Options expiry check
Deribit: ~$16B notional expires this Friday. Max pain for it: ~$73K.
Dec quarterly: ~$9.5B, max pain ~$72K.
Later expiries: max pain drifts toward ~$60K by mid 2027.
read it as positioning context, not a price target. Pinning around max pain is inconsistent, but the hedging flow around large expiries can add slippage and fakeouts. Keep leverage lower and entries patient.
Grid and DCA setups suit this kind of chop better than one-shot entries.
Backtest before you deploy...
#BTC #MaxPain #Derivatives
Deribit: ~$16B notional expires this Friday. Max pain for it: ~$73K.
Dec quarterly: ~$9.5B, max pain ~$72K.
Later expiries: max pain drifts toward ~$60K by mid 2027.
read it as positioning context, not a price target. Pinning around max pain is inconsistent, but the hedging flow around large expiries can add slippage and fakeouts. Keep leverage lower and entries patient.
Grid and DCA setups suit this kind of chop better than one-shot entries.
Backtest before you deploy...
#BTC #MaxPain #Derivatives
