Express

Deribit CEO: Friday’s End-of-Month Bitcoin Options Expiry Could Spark Market Volatility

Shawn

Summary: According to Deribit CEO Luuk Strijers, Friday’s end-of-month bitcoin options expiry, which involves over $5.8 billion in contracts, could trigger significant market volatility. Strijers noted that this is the second-largest open interest on the exchange, and the large number of expiring options may lead to increased price swings as traders adjust their positions. He also ...

According to Deribit CEO Luuk Strijers, Friday’s end-of-month bitcoin options expiry, which involves over $5.8 billion in contracts, could trigger significant market volatility.

Strijers noted that this is the second-largest open interest on the exchange, and the large number of expiring options may lead to increased price swings as traders adjust their positions.

He also pointed to a decrease in the put-call ratio to 0.62, reflecting growing bullish sentiment, with calls for longer-dated contracts being more expensive than puts, reinforcing a positive market outlook.

Last Update:

Tags: ,
Link: Deribit CEO: Friday’s End-of-Month Bitcoin Options Expiry Could Spark Market Volatility   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 4 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 11 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 15 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 18 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 22 days ago
  • You need to login to comment.