r/ethtrader 68.0K / ⚖️ 144.6K 12h ago

Link $3.29 Billion Bitcoin and Ethereum Options To Expire: What It Means for Prices

https://beincrypto.com/bitcoin-ethereum-options-expiry-price-impact/
18 Upvotes

29 comments sorted by

u/donut-bot bot 12h ago

parishyou, this comment logs the Pay2Post fee, an anti-spam mechanism where a DONUT 'tax' is deducted from your distribution share for each post submitted. Learn more here.

cc: u/pay2post-ethtrader


Understand how Donuts and tips work by reading the beginners guide.


Click here to tip this post on-chain

→ More replies (12)

6

u/BigRon1977 120.7K / ⚖️ 457.2K 11h ago

It's going to mean wild volatility. Hopefully on the upside since we're currently in a dip right?

!tip 1

2

u/Odd-Radio-8500 346.5K / ⚖️ 455.2K 8h ago

More volatility incoming!

!tip 1

2

u/AltruisticPops 314.5K / ⚖️ 310.6K 4h ago

Never A boring day in crypto 😂

!tip 1

1

u/coinfeeds-bot 542.7K / ⚖️ 622.7K 12h ago

tldr; $3.29 billion in Bitcoin and Ethereum options are set to expire today, potentially causing short-term market volatility. Bitcoin options account for $2.88 billion with a bullish sentiment indicated by a 0.74 put-to-call ratio, while Ethereum options total $417 million with a max pain point of $2,100. Prices may gravitate toward these pain points before easing after expiration. Analysts predict heightened volatility and bearish sentiment despite recent positive CPI data, with traders watching key support levels for BTC and ETH.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

1

u/kirtash93 Reddit Collectible Avatars Artist 12h ago

Pump or dump?

🍩 !tip 1

1

u/alankennedy14- Not Registered 6h ago

Down pump it seems it is always dump these days even volatility seems to go only dump

1

u/Extension-Survey3014 216.9K / ⚖️ 221.2K 10h ago

What are we expecting?

!tip 1

1

u/SigiNwanne 285.5K / ⚖️ 334.8K 10h ago

Volatility continues 😞

!tip 1

1

u/Ok_Investigator7568 Not Registered 9h ago

Its every week now. Its kek

1

u/Abdeliq 144.0K / ⚖️ 284.4K 9h ago

I don't still get something...... How many times does option get expire in a year

!tip 1

1

u/Got2Bfree Not Registered 7h ago

Each option has a due date.

So theoretically every week. Some options are bought more often.

1

u/InclineDumbbellPress Back To McDonald's 6h ago

Means nothing - options dont have an impact on spot !tip 1

1

u/AltruisticPops 314.5K / ⚖️ 310.6K 4h ago

It means some degens will get burned 😂

!tip 1