coin-img-PIPPINPIPPIN+2.62%coin-img-ETHETH+1.54%coin-img-BTCBTC+1.40%coin-img-UCNUCN+0.44%coin-img-SOLSOL+1.64%coin-img-XRPXRP+0.56%coin-img-USDCUSDC+0.01%coin-img-ADAADA+1.65%coin-img-PIPPINPIPPIN+2.62%coin-img-ETHETH+1.54%coin-img-BTCBTC+1.40%coin-img-UCNUCN+0.44%coin-img-SOLSOL+1.64%coin-img-XRPXRP+0.56%coin-img-USDCUSDC+0.01%coin-img-ADAADA+1.65%coin-img-PIPPINPIPPIN+2.62%coin-img-ETHETH+1.54%coin-img-BTCBTC+1.40%coin-img-UCNUCN+0.44%coin-img-SOLSOL+1.64%coin-img-XRPXRP+0.56%coin-img-USDCUSDC+0.01%coin-img-ADAADA+1.65%coin-img-PIPPINPIPPIN+2.62%coin-img-ETHETH+1.54%coin-img-BTCBTC+1.40%coin-img-UCNUCN+0.44%coin-img-SOLSOL+1.64%coin-img-XRPXRP+0.56%coin-img-USDCUSDC+0.01%coin-img-ADAADA+1.65%

Record $28B crypto options expiry shifts open interest to March, dominated by out-of-the-money calls

Today marks the largest crypto options expiry in history by notional value at around $28B, with 267,000 Bitcoin options (Put/Call ratio 0.35, max pain $95,000, notional value $23.6B) and 1.28M Ethereum options (Put/Call ratio 0.45, max pain $3,100, notional value $3.71B) expiring, Greeks live macro researcher @BTC__options said on Dec. 26. More than half of all options settled today, and after expiry March quarterly options became the largest position with over 30% of total open interest, mainly in out-of-the-money calls. The researcher added that this year's fourth-quarter market has been the weakest on record, and conditions are more suitable for option-selling strategies given industry cyclicality and weak sentiment.
Selected
BTC
BTC+1.40%
ETH
ETH+1.55%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.