$2.5B in Bitcoin & Ether Options Expiring
Robinhood Responds To SEC's Wells Notice, WazirX To Undo Trades Following $230M Hack
Around $2.5 billion in Bitcoin and Ethereum options are set to expire following the recent and major crypto market crash.
The Deribit platform shows $1.94 billion (31,615 contracts, 0.71 put to call ratio) in Bitcoin and $552.13 million (206,626 contracts, 0.95 put to call ratio) in Ethereum options about to expire.
The maximum price "pain point" for Bitcoin is at $60,000, and $2,950 for Ethereum.
Greeks.live analysts said that the volatility for these trading products is high, over 60%, while Bitcoin's own 7-day realized volatility is at 100%, noting an aftershock following the volatility aggregation effect.
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