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via Bitcoin Magazine · By Bitcoin Magazine Editorial

Bitcoin Traders Brace For $15B Options Expiry

BTC

BTC/USDT

$84,014.04
+0.03%
24h Volume

$15,805,087,160.04

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate

+0.0010%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels
Resistance 3$87,335.96
Resistance 2$85,667.07
Resistance 1$84,048.83
Price$84,007.02
Support 1$83,103.66
Support 2$80,169.72
Support 3$77,064.96
Pivot (PP):$84,179.33
Trend:Uptrend
RSI (14):63.9
BM
Bitcoin Magazine Editorial
(04:16 PM UTC)
1 min read
JM
Verified byJames Mitchell

Bitcoin bulls are waiting ahead of a huge batch of Bitcoin options headed toward expiry.

Roughly $15 billion in options contracts are set to expire on Friday in the market’s quarterly settlement.

The September 25 contracts account for more than a third of all bitcoin options open interest on crypto derivatives platform Deribit.

A call option gives the trader the right, but not the obligation…

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Source

Bitcoin Magazine Editorial · Bitcoin Magazine

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