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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%
$84,014.04
+0.03%
(24s)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
BM
Bitcoin Magazine Editorial(04:16 PM UTC)
1 min read
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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