Sub-$60K monthly close will make Bitcoin’s $3.9B options expiry a non-event
Bitcoin options traders hoped for a $60,000 monthly close, but the balance between calls and puts signal the expiry will be a non-event. Go to Source Powered by WPeMatico
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Bitcoin options traders hoped for a $60,000 monthly close, but the balance between calls and puts signal the expiry will be a non-event. Go to Source Powered by WPeMatico
Bitcoin options markets are set to see a large expiry on Friday as more than 77,000 BTC worth over $4 billion in derivatives contracts are set to expire. The lion’s share of bitcoin options stems from the derivatives trading platform Deribit, as the exchange has more than $11 billion in open interest today. Sizzling Hot … Read more
Analysts say Friday’s $6.1 billion Bitcoin options expiry is putting downward pressure on BTC price but derivatives data suggests otherwise. Go to Source Powered by WPeMatico
Bitcoin’s recent price action and the increasing pace of institutional adoption suggest that traders betting on the June $80,000 Bitcoin call option will be handsomely rewarded. Go to Source Powered by WPeMatico
Up to $6.1 billion worth of Bitcoin options are set to expire on March 26 but derivatives data suggests that the expiry favors bullish traders. Go to Source Powered by WPeMatico
Large corporations are buying Bitcoin at an accelerating pace, but pro traders are reluctant to open BTC longs while the dollar index strengthens. Go to Source Powered by WPeMatico
Today’s $1.6 billion Bitcoin liquidation event might have flushed out some over-leveraged retail investors, but the overall market is still positioned in favor of bulls. Go to Source Powered by WPeMatico
Bitcoin’s rally above $56,000 shifted Friday’s options expiry entirely in favor of bulls Go to Source Powered by WPeMatico
While the United States prepares for the results of the 2020 Presidential Election, a number of data points and traders expect some significant cryptocurrency price fluctuations this week. Statistics from skew.com show bitcoin’s 30-day implied volatility has increased to 59% while 3-6 month stats jumped over 62%. The digital currency economy is hovering at around … Read more
Decentralized finance yields are incredibly attractive, but options markets can also provide similar sized returns for those willing to take risks. Go to Source Powered by WPeMatico