Cryptocurrency options expiration overview:
According to the latest data from Deribit, October 11 will usher in a series of important cryptocurrency options expiration and delivery. Specifically:
BTC Options: BTC options with a notional value of up to $1.1 billion are expiring soon. Among them, the ratio of Put (put) options to Call (call) options (Put/Call Ratio) is 0.95, showing that the market's bearish and bullish sentiments about the future trend of BTC are relatively balanced. The biggest pain point price is located at $62,000, which means that if the BTC price fluctuates around this price, it may have a significant impact on the profits and losses of option holders.
ETH options: ETH options with a notional value of $470 million are also set to expire tomorrow. The Put/Call Ratio is 0.44, indicating that the market is more bullish on ETH than put options. In addition, the biggest pain point price of ETH is US$2,500. If the price of ETH fluctuates near this price, it will also have an important impact on the income of option holders.
As the expiration and delivery of these options approaches, market participants need to pay close attention to the price trends of BTC and ETH, as well as the reaction of the options market, in order to adjust their investment strategies in a timely manner.
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