33,000 BTC and 210,000 ETH options are expiring soon
According to Greeks.live monitoring, 33,000 BTC options are about to expire with a Put Call Ratio of 0.84, a maximum pain point of $40,000, and a nominal value of $1.43 billion. Additionally, 210,000 ETH options are about to expire with a Put Call Ratio of 0.59, a maximum pain point of $2,150, and a nominal value of $490 million.
Greeks.live states that the option data shows a significant increase in short-term positions for BTC, indicating that this week's main trading focus is BTC options, and the proportion of bearish options is not low. Expectations for an increase are mainly focused on the ETF approval in January, with a noticeable increase in positions in January, making this December not peaceful.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
