Calendar

Data Shows Bitcoin Options Worth $4 Billion Set To Expire On Friday

Mary Liu

Summary: As of press time, a total of 120,300 Bitcoin contracts worth $4 billion in major exchanges (Deribit, CME, Bakkt, OKEx, LedgerX, etc.) set to expire this Friday, data from Skew shows. Deribit saw the largest option volumes on its platform. According to Laevitas, a Swiss-based data provider, currently, more than 52,600 call option contracts and ...

As of press time, a total of 120,300 Bitcoin contracts worth $4 billion in major exchanges (Deribit, CME, Bakkt, OKEx, LedgerX, etc.) set to expire this Friday, data from Skew shows.

Deribit saw the largest option volumes on its platform. According to Laevitas, a Swiss-based data provider, currently, more than 52,600 call option contracts and 29,800 put option contracts are Out-of-the-Money options (OTM), which means that sudden price volatility before expiration will force market makers to hedge the underlying assets, may lead to greater price fluctuations.

By Mary Liu

Last Update:

Tags: ,,,,,,,
Link: Data Shows Bitcoin Options Worth $4 Billion Set To Expire On Friday   [Copy]
Next:

Related Articles

  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 1 day ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 4 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 8 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 10 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 12 days ago

    • You need to login to comment.