Will Crypto Markets Keep Surging When $4B Bitcoin Options Expire Today?
Around 36,800 Bitcoin options contracts will expire on Friday, July 11, and they have a notional value of roughly $4 billion.
This event is larger than last week’s expiry but unlikely to be enough to influence spot markets, which have performed better towards the end of the week.
US President Trump’s tariff deadline came and went with tariffs imposed on countries that did not make a prior deal with Uncle Sam. As predicted, Bitcoin reached an all-time high and has moved into new price discovery.
Bitcoin Options Expiry
This week’s batch of Bitcoin options contracts has a put/call ratio of 0.94, meaning that there are slightly more calls expiring than put contracts. There is also a max pain point of $107,000, around…
