Odaily Planet Daily reports that Greeks.live posted on the X platform that the options expiration data as of March 6 shows 32,000 Bitcoin options expiring, with a Put-Call Ratio of 1.69, and the maximum pain point at $69,000, with a notional value of $2.3 billion; 184,000 Ethereum options expiring, with a Put-Call Ratio of 0.85, and the maximum pain point at $1,950, with a notional value of $380 million.
The crypto market has rebounded this week, with Bitcoin stabilizing above the $70,000 mark and now aiming to challenge $75,000. However, according to options market data, selling call options has become the main trading activity in the past two days. Although prices are still rising, the momentum has slowed. Tomorrow, options accounting for 7% of the total open interest will expire, nearly the lowest level in recent times, while Bitcoin’s open interest share has reached a recent peak. Thanks to the recent rebound, implied volatility for Bitcoin and Ethereum has increased this week, with BTC’s main-term IV at 55% and ETH’s main-term IV at 75%.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Spot ETFs Record $664M Net Inflows, Highest Single Day in Three Months
Bitcoin spot ETFs saw significant net inflows of $664 million on April 17, the largest in three months. BlackRock led the funds with $284 million, followed by Fidelity and ARK. Other products saw minimal contributions.
GateNews27m ago
Bitdeer Maintains Zero Bitcoin Holdings After Selling 177 BTC This Week
Bitdeer reported producing and selling 177 BTC in the week ending April 17, resulting in no net increase in its holdings, leaving the firm with a zero Bitcoin position.
GateNews1h ago
MicroStrategy Stock Rallies as Bitcoin Breaks $78K, Unrealized Gains Return to $1.37B
MicroStrategy's stock surged 13.83% as Bitcoin reclaimed $78,000, returning the company to an unrealized profit of $1.37 billion. The rise follows easing tensions in the Middle East and a broader rally in risk assets, despite criticism of its preferred stock.
GateNews2h ago
Morgan Stanley Purchases 177.76 BTC Worth $13.75 Million
Gate News message, Morgan Stanley bought 177.76 BTC worth $13.75M three hours ago. The firm now holds 1,347.54 BTC worth $103.94M in total.
GateNews5h ago
BTC fell below 77000 USDT
Gate News bot message, Gate quotes show that BTC fell below 77000 USDT, trading at 76961.6 USDT.
CryptoRadar6h ago
