Crypto News | Record $18 billion in crypto options set for year-end expiry Oluwapelumi Adejumo

Crypto News | Record $18 billion in crypto options set for year-end expiry Oluwapelumi Adejumo | usagoldmines.com

The crypto market is ending the year on a strong note as a record $18 billion worth of options contracts are set to expire.

Options allow traders to speculate or hedge against price movements. A call option grants the right to buy an asset at a specific price, while a put option provides the right to sell under similar terms.

Data from Deribit shows that nearly 150,000 Bitcoin (BTC) contracts—valued at $14.17 billion—are involved in this expiry.

These contracts show a Put-Call Ratio of 0.69, meaning bullish traders dominate as they bet on higher prices. The Max Pain level, where most buyers face losses and sellers profit, is $85,000.

Bitcoin Options Expiry — Chart showing the open interest for Bitcoin options by strike price on Dec. 27, 2024 (Source: Deribit)

Ethereum (ETH) options are also experiencing significant activity, with 1.12 million contracts expiring. These contracts, carrying a combined value of over $3 billion, reflect a bullish market outlook with a Put-Call Ratio of 0.41. The maximum pain price is $3,000.

Ethereum Open Interest — Chart showing the open interest for Ethereum options by strike price on Dec. 27, 2024 (Source: CryptoQuant)

Deribit stated that this year-end event illustrates the bullish year for crypto markets, but uncertainty remains high. The firm noted that fluctuations in volatility measures like the Deribit Volatility Index (DVOL) and vol-of-vol suggest the potential for sharp price swings.

It added:

“With the market heavily leveraged to the upside, any significant downside move could trigger a rapid snowball effect.”

The post Record $18 billion in crypto options set for year-end expiry appeared first on CryptoSlate.

The crypto market is ending the year on a strong note as a record $18 billion worth of options contracts are set to expire. Options allow traders to speculate or hedge against price movements. A call option grants the right to buy an asset at a specific price, while a put option provides the right
The post Record $18 billion in crypto options set for year-end expiry appeared first on CryptoSlate.

This articles is written by : Nermeen Nabil Khear Abdelmalak

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Crypto News | Record $18 billion in crypto options set for year-end expiry Oluwapelumi Adejumo | usagoldmines.com

Recent:

By Nermeen Nabil Khear

Related Posts

Bitcoin passes Elon Musk’s clean energy usage condition of 50% at 54% – What now? Jai Hamid | usagoldmines.com

Crypto News | 2024 NFT Revenue Tops Last Year’s $8B Mark Wayne Jones | usagoldmines.com

Crypto News | Algorithms for all: Demystifying algo trading in crypto markets Laurent Benayoun | usagoldmines.com

Leave a Reply Cancel reply

You Missed

Altcoins | Virtual Reality Platform Decentraland Continues To Lead Santiment’s Rankings of Top NFT Projects by Development Daily Hodl Staff | usagoldmines.com

$20,000+ Abruptly Drained From Wells Fargo Account, Customer Says Bank Refuses To Reimburse After Promising To Return Funds Henry Kanapi | usagoldmines.com

Android 15’s new Private Space feature puts an end to app snooping Hallie Frederick | usagoldmines.com

How to factory reset a Mac Renato Bond | usagoldmines.com