📊 Options Market Analysis – August 1, 2025
🔔 Expiration of options contracts worth nearly 7 billion dollars on BTC and ETH today
According to data from the Deribit platform, the market is expected to see the expiration of options contracts worth nearly 7 billion dollars for both Bitcoin (BTC) and Ethereum (ETH) today at 16:00 Beijing time (11:00 Mecca time), which could lead to sharp short-term volatility.
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🔸 Bitcoin (BTC) Contract Data:
📦 Total Open Interest (O.I): 48,618 contracts
📈 Call Contracts: 27,181 contracts
📉 Put Contracts: 21,437 contracts
⚖️ Put/Call Ratio: 0.79
💵 Notional Value of Contracts: 5.616 billion dollars
❗ "Max Pain" Price: 117,000 dollars
✅ Current BTC Price: ~114,180 dollars
📌 The decrease in the Put/Call ratio indicates that traders are leaning towards a bullish outlook in the near term.
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🔸 Ethereum (ETH) Contract Data:
📦 Total Open Interest: 375,192 contracts
📈 Call Contracts: 197,040 contracts
📉 Put Contracts: 178,152 contracts
⚖️ Put/Call Ratio: 0.90
💵 Notional Value of Contracts: 1.376 billion dollars
❗ "Max Pain" Price: 3,550 dollars
✅ Current ETH Price: ~3,561 dollars
📌 The data indicates a slight dominance of call contracts, reflecting the market's inclination towards bullish expectations as well.
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🔍 What is the "Max Pain" Price?
It is the price that causes the largest losses for the greatest number of options contract holders at the expiration date.
