GreeksLive has presented data on large options contracts for Bitcoin and Ethereum that are expiring today. This article examines key topics such as trading volumes, Put/Call ratios, and market movement forecasts.
Data on Bitcoin Options
Today, 31,000 Bitcoin (BTC) options are expiring. The Put/Call ratio for these options stands at 0.71, indicating a greater number of call options compared to put options. The 'maximum loss' point for BTC is $105,000. The total theoretical value of the expiring BTC options is calculated at $3.18 billion.
Data on Ethereum Options
At the same time, 241,000 Ethereum (ETH) options are expiring. Here, the Put/Call ratio is 0.63, and the maximum loss point is $2,575. The total value of the ETH options is $590 million.
Overall Market Situation and Forecasts
GreeksLive noted that the market has been volatile for most of the week. 'The sharp decline in Tesla shares last night led to a significant pullback in the cryptocurrency market.' According to their assessment, institutional investors do not expect a sudden rise for major cryptocurrencies in the near term, shifting focus to a more moderate and long-term bullish scenario.
Data on large options contracts for Bitcoin and Ethereum reveal significant volumes of expiring options and potential risks for investors. The overall market volatility and forecasts from GreeksLive highlight current trends and expectations in the cryptocurrency landscape.
