$ICP $NEIRO $CATI
🔥Major news! $6.44 billion in BTC options expires this Friday, and the market around $80,000 is set to get volatile!
First the key points: A $6.4 billion figure does NOT mean $6.4 billion worth of Bitcoin will be dumped all at once—don’t be intimidated by the number. The strike-price positioning distribution is the real core.
This Put/Call ratio is 0.83, with call options holding the edge. The $75,000 call positions are the heaviest, and there’s also an enormous pile of positions at $80,000, while BTC is currently hovering around $78,500.
As expiry approaches, market makers will frantically rebalance and hedge their risk, directly amplifying volatility on the order book. Two market scenarios are already on the table:
✅ If BTC chops around within the $78,000–$80,000 range, the massive options open interest will temporarily pin the price and keep it oscillating within that band.
⚠️ If BTC strongly breaks above $80,000, the market makers’ hedging will further boost the rally; conversely, if it falls below the key support at $77,500, it could also trigger an accelerated sell-off.
Many people mistakenly think that, at expiry, price will be driven toward the biggest pain point at $68,000—this idea needs correction! After this surge from $62,000 to $80,000, a large amount of call options have already turned in-the-money, and the market structure has changed; the pain-point reference has much less significance now.
This Friday, don’t get fixated on the eye-catching $6.4 billion figure—focus on the $80,000 level instead. Whether you can withstand the shock caused by Gamma hedging is the real deciding factor!
⚠️Market information only—does not constitute investment advice
#SEC向白宫提交加密托管规则提案
#比特币64亿美元期权将到期
#美股收高英伟达涨2%
🔥Major news! $6.44 billion in BTC options expires this Friday, and the market around $80,000 is set to get volatile!
First the key points: A $6.4 billion figure does NOT mean $6.4 billion worth of Bitcoin will be dumped all at once—don’t be intimidated by the number. The strike-price positioning distribution is the real core.
This Put/Call ratio is 0.83, with call options holding the edge. The $75,000 call positions are the heaviest, and there’s also an enormous pile of positions at $80,000, while BTC is currently hovering around $78,500.
As expiry approaches, market makers will frantically rebalance and hedge their risk, directly amplifying volatility on the order book. Two market scenarios are already on the table:
✅ If BTC chops around within the $78,000–$80,000 range, the massive options open interest will temporarily pin the price and keep it oscillating within that band.
⚠️ If BTC strongly breaks above $80,000, the market makers’ hedging will further boost the rally; conversely, if it falls below the key support at $77,500, it could also trigger an accelerated sell-off.
Many people mistakenly think that, at expiry, price will be driven toward the biggest pain point at $68,000—this idea needs correction! After this surge from $62,000 to $80,000, a large amount of call options have already turned in-the-money, and the market structure has changed; the pain-point reference has much less significance now.
This Friday, don’t get fixated on the eye-catching $6.4 billion figure—focus on the $80,000 level instead. Whether you can withstand the shock caused by Gamma hedging is the real deciding factor!
⚠️Market information only—does not constitute investment advice
#SEC向白宫提交加密托管规则提案
#比特币64亿美元期权将到期
#美股收高英伟达涨2%
