Massive BTC options expiry today 🧐🧐
On the cryptocurrency front, prices have stabilized following Arkham’s mistaken announcement of Mt.
In terms of options, there will be more than 110,000 open contracts expiring today. BTC volatility tilts towards >$30k call options and less than $28k put options. Yesterday, the market saw more buying BTC $30-31k and selling $34k calls, and flow to buy $29k puts.
After a brief surge over the past 2 days, volatility remains low, and sentiment on the upside for BTC remains much more active than for ETH, both in terms of implied volatility and volatility tilt.
On the cryptocurrency front, prices have stabilized following Arkham’s mistaken announcement of Mt.
In terms of options, there will be more than 110,000 open contracts expiring today. BTC volatility tilts towards >$30k call options and less than $28k put options. Yesterday, the market saw more buying BTC $30-31k and selling $34k calls, and flow to buy $29k puts.
After a brief surge over the past 2 days, volatility remains low, and sentiment on the upside for BTC remains much more active than for ETH, both in terms of implied volatility and volatility tilt.