According to CoinDesk, cryptocurrency options exchange Deribit has stated that trading activity in the Bitcoin (BTC) market may intensify in the next two days as multi billion dollar option contracts are about to expire.

Deribit CEO Luuk Strijers stated in an interview with CoinDesk:

About 20% of the BTC options that are about to expire are in the money options, and this larger expiration may exacerbate volatility or activity as traders close or transfer positions, which could also affect the price

Trading activity in the coming months may remain strong as the US Securities and Exchange Commission (SEC) approves option trading for the BlackRock Bitcoin Spot ETF (IBIT), which could accelerate institutional adoption. Strijers states:

The option of ETFs is one of the biggest potential drivers. The SEC has allowed it, but the OCC (Options Clearing Corporation) and CFTC (Commodity Futures Trading Commission) have not yet approved it, and it is unlikely to approve it this week

Strijers also pointed out that the pricing of options expiring in the coming months shows a bullish outlook. He said:

The skewness of BTC and ETH buying and selling options shows a negative value after the expiration in September, which is a bullish indicator because call options are more expensive than put options

The maximum pain point indicates potential downward pressure

The biggest pain point refers to the price level at which the option buyer suffers the maximum loss upon expiration. In traditional markets, a popular theory suggests that when an option is close to expiration, the maximum pain point price usually attracts prices closer like a magnet. This is because the option seller (usually a large institution with ample funds) will influence the spot price through trading the underlying asset, bringing it closer to the maximum pain point price and causing the buyer to bear the maximum loss.

The biggest pain point for the Bitcoin option that expires this Friday is $58000, while the current trading price for Bitcoin spot is $63800. Rick Maeda, an analyst at Presto Research, said in an interview with CoinDesk that this does create some potential downward pressure as it approaches maturity.

The maximum pain point theory has been circulating since 2021, although some people believe that the cryptocurrency options market is still relatively small and not enough to have a significant impact on spot prices.

data source

(责任编辑：商业)

• ·炒币跟**台排名前十的_世界货币排行前10名国家货币
• ·2008年比特币价格
• ·肛瘘手术费用全解析_肛瘘手术需要多少钱
• ·meme币官方app检测出恶意 meme币最新版下载链接有没有
• ·党的最高纲领是实现共产主义_党的最高纲领是什么
• ·麦格米特收盘涨0.55%，主力资金净流出2.09亿元
• ·比特币交易所有哪些？细数十大btc交易所app排行榜
• ·BTC交易所国内版v6.0.9下载-芝麻交易所比特币交易所大陆版最新下载
• ·O Gate.io钱包下载入口 O虚拟币入门级交易所
• ·寻道大千灵脉怎么有 寻道大千灵脉怎么有两个人
• ·狗和羊结婚合适吗？狗和羊相配婚姻如何
• ·会计工作行政管理的主管部门是哪个？
• ·3DMax打光技巧，5步搞定真实光影！3dmax如何打光
• ·流动资产的判定标准是什么？
• ·华山是哪里的哪个省的
• ·万达概念31日主力净流入7959.46万元，中航产融、万向钱潮居前