Will Crypto Markets Surge Higher When $5B Bitcoin Options Expire
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Will Crypto Markets Surge Higher When $5B Bitcoin Options Expire
Around 40,000 Bitcoin options contracts will expire on Friday, August 15, and they have a notional value of roughly $4.8 billion. This expiry event is slightly larger than last week’s, but it is still unlikely to be enough to influence spot markets, which have notched all-time highs in terms of market capitalization this week. Bitcoin Options Expiry This week’s tranche of Bitcoin options contracts has a put/call ratio of 0.90, meaning that there…
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