Bitcoin options expiration refers to the last trading day of the options contract, after which the holder must decide whether to exercise their rights. Specifically manifested as:

Contract Termination

After expiration, the options contract automatically ends, and the investor no longer has the right to exercise. For example, if a Bitcoin call option expires without reaching the strike price, the contract becomes void.

Market Impact

A large concentration of options expiring may trigger price fluctuations: exercising call options may push prices higher, while exercising put options may lead to a decline.

Investor Actions

Before expiration, decisions need to be made based on market dynamics (such as price trends and news) to either exercise for profit or accept losses. #美国5月核心PCE物价指数 $BTC $