Crypto Options Market Faces Crucial Expiry Day
New data from market analytics platform Greeks.live reveals today marks a significant options expiry date for the cryptocurrency market.
For Bitcoin, 91,000 options contracts are set to expire with a total notional value reaching $76 billion. The current put/call ratio stands at 0.48, with market pressure focused around the $90,000 level.
The Ethereum market also faces substantial options expiry, with a total of 435,000 contracts nearing expiration representing $11.9 billion in notional value. Ethereum's put/call ratio is at 0.68, with market attention centered on the $3,000 key level.
Market Impact Analysis
This options expiry could significantly influence short-term price movements, with traders advised to closely monitor market developments.
- Total BTC options notional: $76B
- Total ETH options notional: $11.9B
- BTC max pain point: $90,000
- ETH max pain point: $3,000