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：经济数据)

• ·借《Bombie》聊炒 Meme 成瘾背后的行为心理学
• ·美国大选影响加密市场？数字资产的未来应是与「去中心化」紧密联系的未来
• ·a股票高手-股市高手
• ·虚拟币交易平台app_十大虚拟货币交易平台排行
• ·h值 股票
• ·交易所自家社群-交易所自家社群怎么进
• ·美国四大银行拟联合推出稳定币以应对加密货币竞争
• ·AI in Crypto：在 Meme狂热之后是一地鸡毛还是破茧重生？
• ·小贝壳交易平台
• ·霍斯金森呼吁关注针对卡尔达诺的协同攻击 并批评以太坊鲸鱼与基金会的沉默
• ·eos正常价格
• ·宜人贷的电话审核会问什么，有人申请过知道吗？
• ·BTC跌破103000美元，24小时跌幅达0.85%需注意风险
• ·小赢卡贷打回访电话吗？一般会不会主动与我沟通啊？
• ·建筑业预缴所得税是否含税
• ·员工工伤报销分录怎么做