Add as a preferred source on GoogleBitcoin’s $1.28 Billion Options Expiry Carries $82,000 Max Pain
The expiry also covers 58,000 Ether contracts with $250 million in notional value; implied volatility remains above 35%.
About 16,000 Bitcoin (BTC) options contracts are scheduled to expire Friday, Oct. 23, with $1.28 billion in notional value and a max-pain level of $82,000. Bitcoin’s $80,000 level remains a strong support point as the broader market trades in a range near the bottom of a bear market.
The expiry also includes 58,000 Ether (ETH) options with $250 million in notional value and a max-pain level of $2,460. Implied volatility remains above 35%, a level considered low. Gamma exposure is spread across price levels rather than concentrated around round numbers, reflecting limited market consensus on direction.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.