$4.3 Billion in Crypto Options Expire Today and Volatility Is Coming
TL;DR
- Over $4.3 billion worth of Bitcoin and Ethereum options are set to expire today, including roughly $3.5 billion in Bitcoin and $815 million in Ethereum contracts.
- Bitcoin’s maximum pain level stands at $114,000, while Ethereum’s is $4,500.
- Traders are expecting some short-term volatility, but market stabilization is likely soon after as investors adjust positions and prepare for next week’s even larger options expiry.
Today marks a significant options expiry event with more than $4.3 billion in Bitcoin (BTC) and Ethereum (ETH) contracts reaching their expiration. Bitcoin’s expiring options hold a total notional value of around $3.5 billion with 30,208 contracts outstanding, while Ethereum options total…
