The year's biggest options expiry hits Friday, $18B on the line
$BTC sits near $85K. Max pain sits at $75K. 37% of Deribit's Bitcoin options clear at 08:00 UTC. Price magnet?
My view is that the $18B expiry could amplify volatility, but max pain isn’t a guaranteed price target. With BTC around $85K, positioning and post-expiry flows matter more. I’d expect choppy action around expiry, then watch whether spot demand confirms the next move.
#OptionsExpiration #BTCOptions $BTC
$BTC sits near $85K. Max pain sits at $75K. 37% of Deribit's Bitcoin options clear at 08:00 UTC. Price magnet?
My view is that the $18B expiry could amplify volatility, but max pain isn’t a guaranteed price target. With BTC around $85K, positioning and post-expiry flows matter more. I’d expect choppy action around expiry, then watch whether spot demand confirms the next move.
#OptionsExpiration #BTCOptions $BTC