๐จ $15B in Bitcoin Options Expire Today โ Is Volatility Ahead? ๐ฅ
Bitcoin has jumped from $100K to over $108K this week, driven by geopolitical relief following a ceasefire between Israel and Iran. But as we roll into Fridayโs massive options expiry, the market could be in for a shake-up.
๐ June 27 Expiries:
$15B in BTC options
$2.29B in ETH options
BTC Put/Call Ratio: 0.75
ETH Put/Call Ratio: 0.52
BTC Max Pain: $102K
ETH Max Pain: $2,200
๐ What It Means:
With $BTC trading near $107K, most traders are sitting on profits. That sets the stage for: โ Profit-taking
โ ๏ธ Short-term selling pressure
๐ Volatile price moves as expiry hits
According to Deribit's Lin Chen, the uptick in put options doesnโt signal fear โ it's a strategy. Traders are either hedging downside risk or chasing premium if prices dip.
๐ฏ Keep your eyes open: Institutions and whales might try to steer prices toward those max pain levels.
๐ This isnโt just another Friday โ itโs monthly expiry day, and volatility = opportunity.
โก๏ธ Trade $BTC and $ETH now
#BTC #ETH #OptionsExpiry #BTC110KToday #BinanceSquare
