Crypto market participants anticipate substantial Bitcoin and Ethereum options expiry
for a significant event as a considerable number of Bitcoin and Ethereum options are set to expire.
According to data shared by Greeks.live on Twitter, 25,000 BTC options will expire with a put-call ratio of 0.7, a max pain point of $29,000, and a notional value of $0.72 billion. Additionally, 217,000 ETH options will expire, featuring a put-call ratio of 0.83, a max pain point of $1,950, and a notional value of $0.42 billion.
Crypto options, similar to traditional options, make it possible for investors to hedge their positions, speculate on price movements, or even generate income by selling options. Option expiries refer to the end of an option contract's life, at which point the option either gets exercised or becomes worthless.
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.
Biggest Ever ‘Crypto Cycle’ Has Already Quietly Begun After Huge Bitcoin And Ethereum Price RallyAnalysts with brokerage Bernstein have said a new 'crypto cycle' has already begun for the price of bitcoin and ethereum—though this hasn't been fully appreciated...
Read more »
Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29,000 on Wednesday – Market Updates Bitcoin NewsBitcoin fell to a one-week low on Apr. 19, as markets moved into consolidation following a recent bull run.
Read more »
Bitcoin plunges toward $29,000, Coinbase leads drop in crypto stocks alongside traditional marketsCrypto prices fell across the board on Wednesday in tandem with stocks like Coinbase and MicroStrategy. Bitcoin declined below $30,000.
Read more »
Binance Enables Withdrawal Option for ETH 2.0 Staking: DetailsBinance enables staked Ethereum (ETH) withdrawal after Shapella upgrade Ether $ETH
Read more »
Ethereum drops amid crypto sell-off as traders assess rate uncertaintyEthereum drops 7% amid wider crypto sell-off as traders assess rate uncertainty
Read more »
Societe Generale's Crypto Division Introduces Euro Stablecoin on Ethereum.SocieteGenerale's crypto division, SG Forge, has introduced a stablecoin pegged to the euro on the Ethereum blockchain. By JamieCrawleyCD.
Read more »