Deribit Data: Over $3.2 Billion in BTC and ETH Options Expiring This Friday
According to official data from Deribit, over $3.2 billion in BTC and ETH options will expire this Friday (May 16th, 16:00 Beijing time).
As of this Friday, the open interest for Bitcoin call options is 13,184 contracts, and the open interest for put options is 13,130 contracts, corresponding to a put/call ratio of 1, with a nominal value of up to $2.675 billion and a maximum pain price of $100,000.
Meanwhile, the open interest for Ethereum call options has reached 93,731 contracts, and the open interest for put options is 126,745 contracts, corresponding to a put/call ratio of 1.35, with a nominal value of nearly $557 million and a maximum pain price of $2,300.
Overall, the current buying and selling power of BTC options is relatively balanced, while the activity of ETH puts (put options) is slightly higher than calls (call options).
Analysts believe that as the expiration date for options on the Deribit exchange approaches this Friday, market volatility may increase, impacting the prices of BTC and ETH.
Lastly, do you think this options expiration will affect the cryptocurrency market? Will you adjust your contract positions in advance based on the performance of the options market?