Dec29 Options Data with $11 billion in options expiring
178,000 BTC options are about to expire with a Put Call Ratio of 0.67, a max pain point of $33,000 and a notional value of $7.59 billion.
1.49 million ETH options are about to expire with a Put Call Ratio of 0.51, a max pain of $1,900 and a notional value of $3.47 billion.
Today is the big annual delivery day, with a total of $11 billion in options expiring, up from last year's total position of $9.8 billion at the big annual delivery day and more than double the annual delivery volume at that time.
The market always goes into low volatility at the end of every year, but thanks to the ETFs expected next January, the current overall IV level is not too low.
This year we have observed that crypto options and the derivatives market in general is becoming more mature, with more institutional investors entering the market with a wider range of strategies and products.
Wish you all a successful investment year!
1.49 million ETH options are about to expire with a Put Call Ratio of 0.51, a max pain of $1,900 and a notional value of $3.47 billion.
Today is the big annual delivery day, with a total of $11 billion in options expiring, up from last year's total position of $9.8 billion at the big annual delivery day and more than double the annual delivery volume at that time.
The market always goes into low volatility at the end of every year, but thanks to the ETFs expected next January, the current overall IV level is not too low.
This year we have observed that crypto options and the derivatives market in general is becoming more mature, with more institutional investors entering the market with a wider range of strategies and products.
Wish you all a successful investment year!