Add as a preferred source on GoogleBitcoin, Ether Options Worth $2.16B Set To Expire Oct. 9
About 22,000 Bitcoin options and 123,000 Ether options are scheduled to expire, with combined notional value of $2.16 billion.
About $2.16 billion in Bitcoin and Ether options are scheduled to expire Friday, Oct. 9, putting a sizable derivatives position at a key settlement point for crypto markets.
The expiration includes about 22,000 Bitcoin (BTC) options with a combined notional value of $1.84 billion. Their put-call ratio is 1.12, and the maximum-pain level — the price at which option holders collectively face the most loss at expiration — is $84,000.
About 123,000 Ether (ETH) options are also set to expire, representing $320 million in notional value. The contracts have a put-call ratio of 0.71 and a maximum-pain level of $2,650.
Friday’s settlement accounts for about 6% of open Bitcoin options and 9% of open Ether options. Implied volatility across major maturities has continued to decline, while options buyers have shown limited willingness to pay higher prices for exposure to future market moves.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.