{"id":27077,"date":"2025-05-16T05:32:18","date_gmt":"2025-05-16T05:32:18","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27077"},"modified":"2025-05-16T05:32:18","modified_gmt":"2025-05-16T05:32:18","slug":"will-markets-continue-to-fall-when-3b-crypto-options-expire-today","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27077","title":{"rendered":"Will Markets Continue to Fall When $3B Crypto Options Expire Today?\u00a0"},"content":{"rendered":"
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Around 26,500 Bitcoin options contracts will expire on Friday, May 16, and they have a notional value of roughly $2.7 billion.<\/p>\n

This week\u2019s event is very similar to last week\u2019s<\/a>, as derivatives crypto trading has yet to pick up. Spot markets have seen solid growth with Bitcoin reclaiming six figures, but momentum appears to be cooling now as they start to correct.<\/p>\n

Crypto Options Expiry<\/h2>\n

This week\u2019s batch of Bitcoin<\/a> options contracts has a put\/call ratio of 0.99, meaning that the short and long contract sellers are evenly matched. There is also a max pain point of $100,000, around $4,000 below current spot prices, which is where most losses will be made on expiry.<\/p>\n

Moreover, this is also the level at which there is the most open interest (OI), or the value or number of BTC options contracts yet to expire, at $1.5 billion. Other hot strike prices with high OI include $110,000 and $120,000 as speculators bet on a new all-time high.<\/p>\n

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Options Expiry Alert<\/p>\n

Tomorrow 08:00 UTC: Over $3.1B in BTC & ETH options expire on Deribit.$BTC<\/a>: $2.66B notional | Put\/Call: 0.99 | Max Pain: $100K
\n$ETH<\/a>: $525M notional | Put\/Call: 1.24 | Max Pain: $2,200<\/p>\n

BTC skew is neutral, ETH puts slightly outweigh calls. Price\u2026 pic.twitter.com\/jBj4C4tMvX<\/a><\/p>\n

\u2014 Deribit (@DeribitOfficial) May 15, 2025<\/a><\/p>\n<\/blockquote>\n