Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»TRADING NEWS»Approximately $6.5 billion worth of Bitcoin and Ethereum options are scheduled to expire.
TRADING NEWS

Approximately $6.5 billion worth of Bitcoin and Ethereum options are scheduled to expire.

By Crypto FlexsNovember 24, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Approximately .5 billion worth of Bitcoin and Ethereum options are scheduled to expire.
Share
Facebook Twitter LinkedIn Pinterest Email

Over $6.51 billion worth of Bitcoin and Ethereum options are scheduled to expire on November 24, indicating that trading activity is likely to pick up.

A number of Bitcoin (BTC) and Ethereum (ETH) options are scheduled to expire on November 24, which could potentially impact market dynamics. This follows the US DOJ’s recent criminal charges against Binance and a hefty $4.3 billion fine.

In particular, approximately 108,000 BTC options are approaching expiration. The put-call ratio for these options is 0.83, indicating a slightly higher propensity for call options (betting on price increases) than puts (betting on prices falling).

The ‘biggest problem’ for these options is $33,000, which is the price level at which the collective holders of the option contract will experience the greatest financial loss. The total notional value of these BTC options is a whopping $4.04 billion.

November 24 Options Data
The 108,000 BTC options are scheduled to expire with a put-call ratio of 0.83, a maximum pain point of $33,000, and a notional value of $4.04 billion.
1.2 million ETH options are scheduled to expire with a put-call ratio of 0.71, maximum pain of $1,700, and notional value of $2.47. pic.twitter.com/fhrOpr6bnE

— (email protected) (@BTC__options) November 23, 2023

At the same time, approximately 1.2 million ETH options are also set to expire. The put-call ratio is 0.71, leaning more towards calls. The biggest problem with these ETH options is set at $1,700, with a notional value of $2.47 billion.

In options trading, it is important to understand the concept of ‘maximum pain’. The total value of options (both calls and puts) expiring on a specific date represents the price level that would result in maximum financial loss to the option holder. This concept is often used by traders to evaluate potential market movements with options close to their expiration date.

What does it mean?

When a BTC option is set to expire, it means that a contract has arrived that gives the holder the right, but not the obligation, to buy or sell Bitcoin at a predetermined price (strike price) by a specified date (expiration date). The validity period expires.

#Bitcoin Options seem to have a big impact. $BTC price!

🔥 Call options are dominating the options market as Bitcoin prepares for $3.8 billion worth of options to expire.

This dominance could have a major impact on BTC’s price trajectory going forward. pic.twitter.com/SeFjoANJmw

— Satoshi Club (@esatoshiclub) November 23, 2023

You must exercise these options on their expiration date or they become worthless. If the market price of Bitcoin is favorable compared to the exercise price, the option holder can exercise the option to purchase Bitcoin at this lower price. Conversely, if the market price is lower than the put option’s strike price, the holder can exercise the option to sell Bitcoin at a higher strike price.

The impending expiration of these options can result in increased trading activity and unpredictable price movements in the market. Traders and investors are closely monitoring these developments, especially in light of the recent legal action against Binance, which has already injected significant volatility into the market.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The BTC price is withdrawn at almost $ 123K height. XRP approaches the highest resistance ever at $ 3.00.

July 15, 2025

HBAR prices overtake Bitcoin cash after a 4 -month high and 27% rise.

July 14, 2025

Encryption responded to US-Vietnamese trade transactions. BTC wiped $ 110K

July 13, 2025
Add A Comment

Comments are closed.

Recent Posts

PBK Miner Launches A New Mining Method To Earn Passive Income From XRP, Easily Earning $18,000 A Day

July 15, 2025

Encryption Inheritance: Industrial Round Up -January 20125

July 15, 2025

$TAC Token Debuts In TVL As TAC Mainnet Goes Live With Leading DeFi Protocols

July 15, 2025

MultiBank Group Announces 7 Million $MBG Tokens Sold Out In Under One Hour During Initial Pre-Sale

July 15, 2025

Allnodes Among First To Launch Bare Metal Servers Powered By AMD Threadripper 9000 Series

July 15, 2025

Global Cryptocurrency Investors Flock To DNSBTC After Bitcoin Surges

July 15, 2025

The BTC price is withdrawn at almost $ 123K height. XRP approaches the highest resistance ever at $ 3.00.

July 15, 2025

Easily Invest In DL Mining Cloud Mining And Earn $6,000 In Passive Income Every Day

July 15, 2025

Crypto Company is a bank license in the US during Ripple, Circle and Bito Target

July 14, 2025

HeraldEX Defines The Future With Its One-Stop Crypto Platform For Businesses

July 14, 2025

BSGM Engages CXG To Acquire FINRA/SEC-Registered Broker-Dealer To Expand Publicly Traded RWA Tokenization Operations

July 14, 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

PBK Miner Launches A New Mining Method To Earn Passive Income From XRP, Easily Earning $18,000 A Day

July 15, 2025

Encryption Inheritance: Industrial Round Up -January 20125

July 15, 2025

$TAC Token Debuts In TVL As TAC Mainnet Goes Live With Leading DeFi Protocols

July 15, 2025
Most Popular

Bitfinex Alpha | Beware of price modifications

December 12, 2023

WEN Airdrop sparked a frenzy as Solana Meme Coin targeted 1 million wallets.

January 26, 2024

Cardano Sets for a Boost with Two Key Upgrades: Hoskinson

April 8, 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.