According to CoinDesk, cryptocurrency options exchange Deribit has stated that trading activity in the Bitcoin (BTC) market may intensify in the next two days as multi billion dollar option contracts are about to expire.

Deribit CEO Luuk Strijers stated in an interview with CoinDesk:

About 20% of the BTC options that are about to expire are in the money options, and this larger expiration may exacerbate volatility or activity as traders close or transfer positions, which could also affect the price

Trading activity in the coming months may remain strong as the US Securities and Exchange Commission (SEC) approves option trading for the BlackRock Bitcoin Spot ETF (IBIT), which could accelerate institutional adoption. Strijers states:

The option of ETFs is one of the biggest potential drivers. The SEC has allowed it, but the OCC (Options Clearing Corporation) and CFTC (Commodity Futures Trading Commission) have not yet approved it, and it is unlikely to approve it this week

Strijers also pointed out that the pricing of options expiring in the coming months shows a bullish outlook. He said:

The skewness of BTC and ETH buying and selling options shows a negative value after the expiration in September, which is a bullish indicator because call options are more expensive than put options

The maximum pain point indicates potential downward pressure

The biggest pain point refers to the price level at which the option buyer suffers the maximum loss upon expiration. In traditional markets, a popular theory suggests that when an option is close to expiration, the maximum pain point price usually attracts prices closer like a magnet. This is because the option seller (usually a large institution with ample funds) will influence the spot price through trading the underlying asset, bringing it closer to the maximum pain point price and causing the buyer to bear the maximum loss.

The biggest pain point for the Bitcoin option that expires this Friday is $58000, while the current trading price for Bitcoin spot is $63800. Rick Maeda, an analyst at Presto Research, said in an interview with CoinDesk that this does create some potential downward pressure as it approaches maturity.

The maximum pain point theory has been circulating since 2021, although some people believe that the cryptocurrency options market is still relatively small and not enough to have a significant impact on spot prices.

data source

(责任编辑：银饰)

• ·比特币行情矿机-比特币矿机市场行情
• ·韩国女子因窃取男友加密货币被判两年监禁
• ·Saving WBTC? Can the signature prize pool activities supported by Curve and Synthetix be successful?
• ·10月31日农银汇理国企改革混合净值下跌0.38%，近1个月累计下跌4.22%
• ·对话 Circle CEO：从监管到创新，美元数字化是大势所趋
• ·10月31日广发利鑫灵活配置混合A净值增长0.61%，近3个月累计上涨12.93%
• ·鲨鱼币初始价格
• ·10月31日富国新兴成长量化精选混合(LOF)C净值下跌0.10%，近1个月累计下跌1.06%
• ·跨年的发票红冲有什么规定
• ·恒星币xlm价格-恒星币的价格
• ·特朗普关税导致股市暴跌——但比特币早已经历过这一切
• ·小规模购销合同印花税计税依据是什么
• ·8大买币卖币的比特币btc交易所 币圈八大交易所排名
• ·公信股gxs钱包-公信宝钱包app官方下载
• ·股票没有价格
• ·10月31日博时荣丰回报灵活配置混合A净值增长0.90%，近3个月累计上涨10.85%