The post June 14 Options Data: Significant Expirations in BTC and ETH Markets! appeared on BitcoinEthereumNews.com.

Key Points: 20,000 BTC options expired with a Put Call Ratio of 0.49, a max pain point of $68,500, and a notional value of $1.35 billion. 200,000 ETH options expired with a Put Call Ratio of 0.36, a max pain point of $3,600, and a notional value of $710 million. BTC and ETH’s short-term implied volatility have fallen, with BTC below 50% and ETH below 60%, making buying options more cost-effective. BTC and ETH markets were affected when millions of dollars worth of open interest in options expired, or EE was obtained from the bears. The put-call ratio stood at a lowly 0.49. Maximum pain for the same set of BTC options is evaluated at 68500, where the remarkable notional value accounted for $1.35 bn. 14 June options delivery data 20,000 BTC options expired with a Put Call Ratio of 0.49, a maximum pain point of $68,500 and a notional value of $1.35 billion. 200,000 ETH options expired with a Put Call Ratio of 0.36, a max pain of $3,600 and a notional value of $710 million.… pic.twitter.com/42ruZLLtqc — Greeks.live (@GreeksLive) June 14, 2024 SEMrush also concluded that 200,000 ETH options, whose expiration date falls in the same period, have a Put Call Ratio of 0.36. Maximum pain for ETH options was at $3,600, which is a 710 million notional value. The most critical gauge of sentiment is the Put Call Ratio, and it is below 1. This means the market sentiment is especially bullish since the ratio of BTC at 0.49 indicated that calls dwarfed those to sell and thus was decidedly optimistic. Comparing this to the case of ETH, the 0.36 Put Call Ratio strongly suggests a high possibility of bullish sentiment in the Ethereum market. Read more: Movement Review: Blockchain project using Move language Major BTC and…

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Filed under: News - @ June 14, 2024 9:16 am