Deribit Data: Over 3.7 Billion USD in BTC and ETH Options Expiring This Afternoon
According to official data from Deribit, this Friday (June 6, 16:00 Beijing time), the market will face over 3.7 billion USD in BTC and ETH options expiring.
As of this Friday, the total open contract volume for Bitcoin is 30,829 contracts. Among them, the open contract volume for call options is 18,010 contracts, and the open contract volume for put options is 12,819 contracts, corresponding to a put/call ratio of 0.71, with a nominal value of up to 3.139 billion USD, and the maximum pain price is 105,000 USD.
For Ethereum, the total open contract volume is 243,279 contracts. Among them, the open contract volume for call options is 147,206 contracts, and the open contract volume for put options is 96,073 contracts, corresponding to a put/call ratio of 0.65, with a nominal value of nearly 590 million USD, and the maximum pain price is 2,600 USD.
Overall, the current trading of BTC and ETH call options is significantly higher than that of put options, indicating a clear bullish expectation for the overall market.
According to Coingecko market data, the current market price for BTC is 101,734 USD, with a decline of 2.9% over the past 24 hours; the market price for ETH is 2,427 USD, with a decline of 6.9% over the past 24 hours.
Overall, price fluctuations in the cryptocurrency market are normal, but investors should make decisions based on their own risk tolerance and investment strategies. At the same time, the uncertainty of market sentiment and external factors makes short-term price predictions challenging.
Finally, based on the performance of the options market and the current market performance, what is your operational strategy?
