Around $23.6 billion in Bitcoin options will expire next Friday, marking one of the largest BTC options expirations on record.
Current positioning shows:
-Call options are mainly concentrated at $100,000 and $120,000
-Put options are concentrated near $85,000
-The Max Pain level is estimated around $96,000
Given the size of the open interest, this expiration could influence short-term price action as it approaches.
What do you expect?
$23.6B in Bitcoin Options Set to Expire Next Friday
byu/341_bander inCryptoMarkets
Posted by 341_bander