Will Markets React When $1.8B Bitcoin Options Expire Today?
The end of another week is here again, which means a new round of Bitcoin and Ether options contracts are expiring while spot markets have tanked this week.
Around 21,700 Bitcoin options contracts will expire on Friday, Jan. 23, with a notional value of roughly $1.8 billion. This event is slightly smaller than last week’s, as derivatives trading remains sluggish.
Crypto markets have lost around $200 billion since the start of the week, amid escalating trade wars, Japanese bond turmoil, and delays in US crypto legislation.
Bitcoin Options Expiry
This week’s batch of Bitcoin options contracts has a put/call ratio of 0.75, meaning that there are more expiring calls…
