According to CoinDesk, cryptocurrency options exchange Deribit has stated that trading activity in the Bitcoin (BTC) market may intensify in the next two days as multi billion dollar option contracts are about to expire.

Deribit CEO Luuk Strijers stated in an interview with CoinDesk:

About 20% of the BTC options that are about to expire are in the money options, and this larger expiration may exacerbate volatility or activity as traders close or transfer positions, which could also affect the price

Trading activity in the coming months may remain strong as the US Securities and Exchange Commission (SEC) approves option trading for the BlackRock Bitcoin Spot ETF (IBIT), which could accelerate institutional adoption. Strijers states:

The option of ETFs is one of the biggest potential drivers. The SEC has allowed it, but the OCC (Options Clearing Corporation) and CFTC (Commodity Futures Trading Commission) have not yet approved it, and it is unlikely to approve it this week

Strijers also pointed out that the pricing of options expiring in the coming months shows a bullish outlook. He said:

The skewness of BTC and ETH buying and selling options shows a negative value after the expiration in September, which is a bullish indicator because call options are more expensive than put options

The maximum pain point indicates potential downward pressure

The biggest pain point refers to the price level at which the option buyer suffers the maximum loss upon expiration. In traditional markets, a popular theory suggests that when an option is close to expiration, the maximum pain point price usually attracts prices closer like a magnet. This is because the option seller (usually a large institution with ample funds) will influence the spot price through trading the underlying asset, bringing it closer to the maximum pain point price and causing the buyer to bear the maximum loss.

The biggest pain point for the Bitcoin option that expires this Friday is $58000, while the current trading price for Bitcoin spot is $63800. Rick Maeda, an analyst at Presto Research, said in an interview with CoinDesk that this does create some potential downward pressure as it approaches maturity.

The maximum pain point theory has been circulating since 2021, although some people believe that the cryptocurrency options market is still relatively small and not enough to have a significant impact on spot prices.

data source

(责任编辑：牌价)

• ·比特币k线图软件
• ·白血病新农合能报销多少？详细解答来了！
• ·理财产品收益放在哪个科目
• ·养老诉求驱动下，前三季度保险保费收入上涨7.2%
• ·hns币今日行情
• ·晶升股份(688478.SH)已耗资5008.56万元回购1.23%股份
• ·筹建期的开办费计入什么科目
• ·香港第三季本地生产总值预估同比上升1.8%
• ·火币交易比特币
• ·探索数字货币交易的新欧易，欧艺交易所PC版及App下载
• ·收到房租开什么发票
• ·国家安防概念31日主力净流出6.55亿元，海能达、万润科技居前
• ·The Open Art：与Blum、TONX和TON Society共度Token2049创新之夜，已超7千名参与者
• ·寻道大千灵脉怎么有 寻道大千灵脉怎么有两个人
• ·香港什么特产什么特产-香港什么特产什么特产最出名
• ·深桑达A出售无锡闲置物业 交易额达9000万元