Option expirations are the time for bears to get a leg up on bears if they want price low.
) bulls for placing bets at $20,000 and higher for the $600 million weekly options expiry on Nov. 18. After all, this level had provided a solid resistance since Oct. 25 and held for almost two weeks.. The movement surprised traders and over a 48-hour timespan, over $290 million in leverage buyers were liquidated.The market quickly adjusted to the news, ranging from $15,800 to $17,800 for the past seven days.
Similar events happened at the Japanese cryptocurrency exchange Liquid, increasing the uncertainty level in the entire market. available on Nov. 18 for call and put instruments varies, depending on the expiry price. The imbalance favoring each side constitutes the theoretical profit:400 calls vs. 7,900 puts. The net result favors the put instruments by $120 million.1,700 calls vs. 6,100 puts. The net result favors the put instruments by $75 million.2,500 calls vs. 5,000 puts. The net result favors the put instruments by $45 million.4,500 calls vs. 3,100 puts. The net result favors the call instruments by $25 million.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’⬆ +6 Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’ $BTC bitcoin $FTT ftx XBT
Read more »
Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a dayBitcoin has been instrumental in helping reduce the cross-border remittance cost significantly and has also given a boost to the tourism sector in El Salvador.
Read more »
US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one weekExchange users keep up the pressure with ongoing BTC withdrawals.
Read more »
FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hackBitcoin numbers are similar in U.S. dollar terms between Mt. Gox and FTX, despite BTC differences.
Read more »
Bitcoin miners send less BTC to exchanges since 2020 halving despite FTXIt’s not 2020 anymore. Bitcoin miners may be sending more Bitcoin to exchanges this month — but overall, their sales have crashed. (Reporting via WilliamSuberg)
Read more »
Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTCGenesis sparks BTC price pressure as largest Bitcoin investment vehicle GBTC stays safe.
Read more »