Deribit: $5.8 billion Bitcoin quarterly option expiration may trigger market volatility
According to CoinDesk, cryptocurrency options exchange Deribit has stated that trading activity in the Bitcoin (BTC) market may intensify in the next two days as multi billion dollar option contracts are about to expire.
Deribit CEO Luuk Strijers stated in an interview with CoinDesk:
About 20% of the BTC options that are about to expire are in the money options, and this larger expiration may exacerbate volatility or activity as traders close or transfer positions, which could also affect the price
Trading activity in the coming months may remain strong as the US Securities and Exchange Commission (SEC) approves option trading for the BlackRock Bitcoin Spot ETF (IBIT), which could accelerate institutional adoption. Strijers states:
The option of ETFs is one of the biggest potential drivers. The SEC has allowed it, but the OCC (Options Clearing Corporation) and CFTC (Commodity Futures Trading Commission) have not yet approved it, and it is unlikely to approve it this week
Strijers also pointed out that the pricing of options expiring in the coming months shows a bullish outlook. He said:
The skewness of BTC and ETH buying and selling options shows a negative value after the expiration in September, which is a bullish indicator because call options are more expensive than put options
The maximum pain point indicates potential downward pressure
The biggest pain point refers to the price level at which the option buyer suffers the maximum loss upon expiration. In traditional markets, a popular theory suggests that when an option is close to expiration, the maximum pain point price usually attracts prices closer like a magnet. This is because the option seller (usually a large institution with ample funds) will influence the spot price through trading the underlying asset, bringing it closer to the maximum pain point price and causing the buyer to bear the maximum loss.
The biggest pain point for the Bitcoin option that expires this Friday is $58000, while the current trading price for Bitcoin spot is $63800. Rick Maeda, an analyst at Presto Research, said in an interview with CoinDesk that this does create some potential downward pressure as it approaches maturity.
The maximum pain point theory has been circulating since 2021, although some people believe that the cryptocurrency options market is still relatively small and not enough to have a significant impact on spot prices.
data source
(责任编辑:要闻)
- ·flurry币 FLURRY}持仓排名
- ·SEC委员克伦肖警告:加密货币执法松懈或引发“监管叠叠乐”危机
- ·2025年中国十大虚拟货币排名名单!
- ·广电计量(002967.SZ):累计回购0.72%股份
- ·柴犬币交易平台app_十大比特币交易平台
- ·meme币交易所app下载官方 meme币最新版下载官方app下载
- ·中国有多少个政党?中国多少个党派
- ·三房巷:股票交易异常波动,发布风险提示
- ·O Gate.io官方下载 O最新哪里下载
- ·云储币手机钱包
- ·七星山在哪里-张家界七星山在哪里
- ·无形资产摊销方法有哪些
- ·三伏天到底有多热?三伏天是什么时候
- ·所有者权益变动表需要单独列出哪些项目?
- ·SCRT是什么币?
- ·富士康与英伟达联手打造台湾百兆瓦级AI超级计算中心
- ·投资收益调整如何做分录
- ·芝麻交易所区块链app下载-芝麻交易所ouyi区块链平台无毒版v6.5.0下载入口
- ·币安寻求驳回 FTX 的 17.6 亿美元追回诉讼,称其“存在法律缺陷”
- ·国内正规交易所排名元宇宙资讯 盘点10大比特币交易所app排行榜
- ·山金国际收盘跌3.47%,主力资金净流出1.5亿元
- ·ouyi稳定币APPv6.5.8下载-芝麻交易所ouyi交易所2023抢先下载
- ·世茂服务(00873.HK)拟与海南自在充新能源科技成立合营公司以在中国建设及运营电动车充电站
- ·比特币披萨节遇上TRUMP晚宴,火币HTX送出百万USDT狂欢福利
- ·保险费用究竟是如何计算的呢?
- ·狗狗币从 1000 美元到 100 万美元:这是详细的时间表
- · 易欧app官网下载
- · okx交易所app官网链接
- · 数字货币交易平台app
- · 0kx交易所官网
- · 虚拟货币交易平台有哪些
- · okx网页版
- · 数字货币交易app
- · 欧易正规
- · 虚拟货币交易平台排名
- · okb交易所官网