The BTC options contracts worth 880 million US dollars and the ETH options contracts worth 530 million US dollars will be delivered upon expiration tomorrow
According to Deribit data, nominal value of $880 million BTC options will expire and be settled tomorrow, with a Put Call Ratio of 1.19 and a maximum pain point at $44,500. Nominal value of $530 million ETH options will also expire and be settled tomorrow, with a Put Call Ratio of 0.55 and a maximum pain point at $2,500.
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.
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Adam Back: Strategy's leverage ratio is very low, previously only transferred BTC to another custodian and did not sell