Bitcoin and Ethereum options with a total notional value of $2.68 billion will expire on March 6.

BTC-2,16%
ETH-3,5%

Odaily Planet Daily reports that Greeks.live posted on the X platform that the options expiration data as of March 6 shows 32,000 Bitcoin options expiring, with a Put-Call Ratio of 1.69, and the maximum pain point at $69,000, with a notional value of $2.3 billion; 184,000 Ethereum options expiring, with a Put-Call Ratio of 0.85, and the maximum pain point at $1,950, with a notional value of $380 million.

The crypto market has rebounded this week, with Bitcoin stabilizing above the $70,000 mark and now aiming to challenge $75,000. However, according to options market data, selling call options has become the main trading activity in the past two days. Although prices are still rising, the momentum has slowed. Tomorrow, options accounting for 7% of the total open interest will expire, nearly the lowest level in recent times, while Bitcoin’s open interest share has reached a recent peak. Thanks to the recent rebound, implied volatility for Bitcoin and Ethereum has increased this week, with BTC’s main-term IV at 55% and ETH’s main-term IV at 75%.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Former UK PM Liz Truss Publicly Endorses Bitcoin as Tool Against Currency Debasement

Former UK Prime Minister Liz Truss criticized Britain's economic trajectory, citing high taxes and regulations. She advocates for Bitcoin to combat currency debasement and is organizing a conference to promote a movement for sovereignty and freedom.

GateNews2h ago

BTC breaks below 76000 USDT

Gate News bot message, Gate market data shows that BTC has broken below 76000 USDT, current price is 75996.9 USDT.

CryptoRadar3h ago

Goldman Sachs Files Bitcoin Income ETF Using Options Strategy

Goldman Sachs proposed a Bitcoin-focused income ETF that avoids direct Bitcoin holdings, using linked ETFs and options strategies for income. This filing reflects increased competition in the crypto investment space among major firms.

CryptoFrontNews4h ago

Bitcoin ETFs Record $663.9M Inflows, Strongest Day Since Mid-January

Bitcoin ETFs saw $663.9 million in inflows on April 18, indicating renewed institutional confidence and a shift in market sentiment. This trend suggests sustained interest in Bitcoin as investors seek to diversify their portfolios.

GateNews5h ago

Bitcoin Ownership Surpasses Gold Among Americans for the First Time

More Americans now own Bitcoin than gold, highlighting a significant shift in asset preferences as Bitcoin's popularity surges. U.S. entities dominate global Bitcoin holdings, and institutional adoption is accelerating, with major firms entering the market and legislation potentially enhancing Bitcoin's legal status.

GateNews6h ago

Bitcoin Price Outlook Shifts as Iran Toll Demand Revives $1M Target Talk

Iran Bitcoin toll revives debate on crypto as global payment infrastructure Geopolitical tensions push Bitcoin beyond store-of-value into currency role Institutional adoption and flows strengthen long-term million-dollar Bitcoin narratives Bitcoin price outlook has shifted again after fr

CryptoNewsLand6h ago
Comment
0/400
No comments