Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»TRADING NEWS»$1.58 billion worth of Bitcoin options expire today
TRADING NEWS

$1.58 billion worth of Bitcoin options expire today

By Crypto FlexsDecember 15, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
.58 billion worth of Bitcoin options expire today
Share
Facebook Twitter LinkedIn Pinterest Email

Friday is back again. This refers to the Bitcoin options expiration date. Cryptocurrency markets recovered from leverage earlier this week, but could today’s expiration event push leverage higher?

Approximately 37,000 Bitcoin options contracts are scheduled to expire on Friday, December 15th. Moreover, that batch is slightly more than last week’s expiration event, but less than the large options expirations coming up at the end of the month.

Bitcoin Options Expiration

The notional value of today’s BTC contract tranche is $1.58 billion. Additionally, the put/call ratio is 1.02, meaning that put (short) sellers and call (long) sellers are evenly matched.

The biggest problem with the options is that they are currently priced at $42,000, slightly below the spot price.

Greeks Live said the market decline has “led to a lot of protected options being traded, with put positions outgrowing calls this week.”

BTC OI until expiration date. source: X/@GrElive

It also noted low implied volatility, a measure of future volatility derived from expiring derivative contracts.

“Options data shows that major trading is still concentrated in BTC options, IV has been very stagnant for almost a month now, and large options moves are still underway.”

This means that the market is not expecting much movement in either direction in the near term.

According to Deribit, there are 23,000 call options at a strike price of $50,000, suggesting derivatives speculators remain bullish.

Read more: 9 Best AI Cryptocurrency Trading Bots to Maximize Your Profits

Ethereum derivatives and market outlook

In addition to a large batch of expiring Bitcoin options, there are also 268,000 Ethereum contracts. The notional value is $610 million and the put/call ratio is 0.66. This means there are almost twice as many put options calls expiring.

The biggest problem for ETH options is $2,250, which is very close to the current spot value.

The total cryptocurrency market capitalization remained at $1.68 trillion on this day. Less than two weeks later, scope restrictions were reached and integration could continue.

Bitcoin fell 0.8% and was trading at $42,630 at the time of writing. Despite the correction recovery, it failed to close again, this time at $44,000.

As of this writing, the price of Ethereum was unchanged on the day at $2,266. However, the asset has been on a downward trend over the past six hours.

disclaimer

In compliance with Trust Project guidelines, BeInCrypto is committed to unbiased and transparent reporting. These news articles aim to provide accurate and timely information. However, before making any decisions based on this content, readers are encouraged to check the facts and consult with experts.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How Algorand is quietly building the future of finance around the world

June 5, 2025

Lightchain AI rises to leading picks, and Litecoin is interested in legacy as interest is reduced.

June 5, 2025

Ripple Stablecoin RLUSD gets a green line to use in Dubai Difc.

June 4, 2025
Add A Comment

Comments are closed.

Recent Posts

Using BCC mining increases daily passive income of $ 57,700

June 5, 2025

Ray for the square and scalable AI solutions and RAG pipelines on all scale

June 5, 2025

Economist Henrik Zeberg says that Altcoins is trying to start an explosive stage and updates Outlook and Under-The Radar Crypto for Dogwifhat.

June 5, 2025

How Algorand is quietly building the future of finance around the world

June 5, 2025

As the network activities are slow, Ether Room is unlikely to break $ 3,000 in the short term.

June 5, 2025

AI TOKEN LIVEPEER (LPT) cuts 150% and then falls 40% -What is the leading volatility?

June 5, 2025

NVIDIA DALI improves data processing function with new features.

June 5, 2025

Why is the ratio of cryptocurrency exchanges near Bitcoin’s lowest level of seven years?

June 5, 2025

The XRP face to unlock $ 2.2B. Are $ 2.14’s support under pressure?

June 5, 2025

Bitcoin protection zones, Stablecoin regulations are the main drivers.

June 5, 2025

BITMEX, June 10 Q3 2025 quarter gifts

June 5, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Using BCC mining increases daily passive income of $ 57,700

June 5, 2025

Ray for the square and scalable AI solutions and RAG pipelines on all scale

June 5, 2025

Economist Henrik Zeberg says that Altcoins is trying to start an explosive stage and updates Outlook and Under-The Radar Crypto for Dogwifhat.

June 5, 2025
Most Popular

You have heard -$ XRP is now accepted by Cryptogames!

May 1, 2025

Bitcoin enters uncharted territory with first-ever golden cross

January 9, 2024

Justin Sun’s Crypto Post Sparks Speculation About China Lifting Bitcoin Ban

August 19, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.