Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
61,000 BTC options and 490,000 ETH options will expire today, with a total notional value of $5.7 billion

61,000 BTC options and 490,000 ETH options will expire today, with a total notional value of $5.7 billion

CointimeCointime2024/07/26 08:25
By:Cointime

As of today, the expiration date for 61,000 BTC options has a Put Call Ratio of 0.62, with a maximum pain point of $63,500 and a nominal value of $4.1 billion. 490,000 ETH options are set to expire with a Put Call Ratio of 0.45, a maximum pain point of $3,350, and a nominal value of $1.6 billion.

According to their analysis, the crypto market has entered a correction period this week, with the listing of the ETH ETF causing a significant drop in ETH prices, and the ETH/BTC exchange rate falling to its lowest level in months. The implied volatility (IV) of major terms has rebounded significantly, especially with short-term IV rebounding by over 10%. As monthly settlements come to an end and news from the Bitcoin conference this weekend is digested, next week's implied volatility may face significant downward pressure.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!