The post How Will Markets React to $2.2B Bitcoin Options Expiring Today? appeared on BitcoinEthereumNews.com.

Around 28,000 Bitcoin options contracts will expire on Friday, April 4, and they have a notional value of roughly $2.25 billion. This week’s event is pretty similar to previous weeks, where derivatives trading has been somewhat muted, so the impact on spot markets is likely to be minimal. Markets have been extremely volatile this week, dumping to a five-month low before bouncing back on the Trump administration’s global trade tariff flip-flops. Bitcoin Options Expiry This week’s batch of Bitcoin options contracts has a put/call ratio of 0.88, meaning that the short and long contract sellers are pretty closely matched. There is also a max pain point of $82,000, which is where most losses will be made. Moreover, open interest (OI), or the value or number of BTC options contracts yet to expire, is highest at the $70,000 strike price, with just over a billion dollars in open contracts betting that Bitcoin will fall further. However, there is a similar amount of OI at the $100,000 strike price as the bulls are maintaining their positions, according to Deribit. Options Expiry Alert At 08:00 UTC tomorrow, over $2.59B in crypto options are set to expire on Deribit.$BTC: $2.32B notional | Put/Call: 0.97 | Max Pain: $82K$ETH: $270M notional | Put/Call: 0.91 | Max Pain: $1,750 With recent market volatility and ongoing tariff… pic.twitter.com/2OywATV66o — Deribit (@DeribitOfficial) April 10, 2025 Crypto derivatives provider Greeks Live said the group was “cautiously bullish” after US President Donald Trump announced a 90-day pause on tariffs, “though many remain skeptical this rally will be sustained,” it added. “Key levels being watched are $85K as a near-term target and $100K as a longer-term resistance, with traders debating whether this news-driven pump will eventually be faded.” Greeks also commented that several traders noted this was a “clear case of…

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Filed under: News - @ April 11, 2025 6:24 am