$6.4 Billion in Bitcoin Options Expire Tomorrow—Here's What It Means
In brief About 81,700 Bitcoin options worth $6.44 billion expire on Deribit at 08:00 UTC Friday, split between 44,639 calls and 37,061 puts for a put-to-call ratio of 0.83. Deribit's max pain level sits between $68,000 and $70,000, roughly $9,000 to $11,000 below Bitcoin's price near $79,000.
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Key Facts
- Fact 1: In brief About 81,700 Bitcoin options worth $6.44 billion expire on Deribit at 08:00 UTC Friday, split between 44,639 calls and 37,061 puts for a put-to-call ratio of 0.83.
- Fact 2: Deribit's max pain level sits between $68,000 and $70,000, roughly $9,000 to $11,000 below Bitcoin's price near $79,000.
- Fact 3: Call open interest is concentrated at the $75,000 and $80,000 strikes, with more than $500 million in notional sitting within 5% of spot price.
- Fact 4: Bitcoin options worth $6.44 billion expire Friday on the cryptocurrency derivatives exchange Deribit.
In brief About 81,700 Bitcoin options worth $6.44 billion expire on Deribit at 08:00 UTC Friday, split between 44,639 calls and 37,061 puts for a put-to-call ratio of 0.83. Deribit's max pain level sits between $68,000 and $70,000, roughly $9,000 to $11,000 below Bitcoin's price near $79,000.
Call open interest is concentrated at the $75,000 and $80,000 strikes, with more than $500 million in notional sitting within 5% of spot price. Bitcoin options worth $6.44 billion expire Friday on the cryptocurrency derivatives exchange Deribit. It’s a whopping big number, just as the Bitcoin market heats up again and sentiment shifts after a frosty crypto winter.
(Original synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)
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