{"id":41107,"date":"2025-08-08T06:32:04","date_gmt":"2025-08-08T06:32:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41107"},"modified":"2025-08-08T06:32:04","modified_gmt":"2025-08-08T06:32:04","slug":"will-markets-move-higher-as-4-9b-crypto-options-expire","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41107","title":{"rendered":"Will Markets Move Higher as $4.9B Crypto Options Expire"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400;\">Around 35,000 Bitcoin options contracts will expire on Friday, August 8, and they have a notional value of roughly $4.1 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This expiry event is smaller than <\/span><a href=\"https:\/\/cryptopotato.com\/will-markets-tank-further-when-5-7b-bitcoin-options-expire-today\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">last week\u2019s<\/span><\/a><span style=\"font-weight: 400;\">, so it is unlikely to be enough to influence spot markets, which have started to recover following news in the US that Donald Trump has <\/span><a href=\"https:\/\/cryptopotato.com\/trump-signs-executive-order-to-allow-bitcoin-and-crypto-in-401ks\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">allowed BTC in pensions<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Bitcoin Options Expiry<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This week\u2019s batch of Bitcoin options contracts has a put\/call ratio of 1.38, meaning that there are many more short contracts expiring than longs. There is also a max pain point of $115,000, around $2,000 below current spot prices, which is where most losses will be made on contract expiry.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Open interest (OI), or the value or number of BTC options contracts yet to expire, is highest at $140,000, which has surged to almost $3 billion at this strike price on Deribit. There is also around $2.3 billion OI at $120,000 strike price as the bull speculators load up on contracts.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Options Expiry Alert <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>Tomorrow, over $4.9B in BTC &amp; ETH options are set to expire on Deribit.<a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$BTC<\/a>: $4.15B notional | Put\/Call: 1.38 | Max Pain: $115K<a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ETH<\/a>: $792M notional | Put\/Call: 1.06 | Max Pain: $3,600<\/p>\n<p>OI distribution hints at puts clustered below spot, calls\u2026 <a href=\"https:\/\/t.co\/wF4AEXAv7F\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/wF4AEXAv7F<\/a><\/p>\n<p>\u2014 Deribit (@DeribitOfficial) <a href=\"https:\/\/twitter.com\/DeribitOfficial\/status\/1953386392836243861?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 7, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Crypto derivatives provider Greeks Live <\/span><a href=\"https:\/\/x.com\/GreeksLive\/status\/1953069392054423917\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span style=\"font-weight: 400;\">noted<\/span><\/a><span style=\"font-weight: 400;\"> that the group was showing \u201ca mixed sentiment with traders focused on low volatility environments and $112,000 strike levels for end-of-week options.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Traders are actively selling puts at the $112,000 strike price despite 32% implied volatility concerns, they said before adding that discussion around volatility dip buying vs selling reveals a split market, \u201cwith most participants positioned as volatility sellers rather than buyers.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to today\u2019s batch of Bitcoin options, there are around 222,000 Ethereum contracts that are also expiring, with a notional value of $792 million, a max pain point of $3,600, and a put\/call ratio of 1.06. This brings Friday\u2019s combined crypto options expiry notional value to around $4.9 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, Binance futures trading volumes hit $2.55 trillion in July, the highest level since January, reported CryptoQuant this week.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Crypto Market Outlook\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Crypto markets are up 3.2% on the day, with total capitalization reaching $3.94 trillion during the Friday morning Asian trading session.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin performed well, reclaiming $117,500 in early trading before a slight retreat back to the high $116,000 levels. The move has pushed the asset back into the July trading channel as it recovers from its bounce to support.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ethereum has performed even better, surging 6% to top $3,900 early on Friday morning as it inches closer to the psychological $4,000 barrier.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/5-things-to-watch-in-xrp-after-70-july-surge\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">XRP<\/span><\/a><span style=\"font-weight: 400;\"> was the best-performing altcoin with an 11% gain after Ripple Labs and the SEC both filed to drop their legal appeals in the five-year court battle.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/will-markets-move-higher-as-4-9b-crypto-options-expire\/\">Will Markets Move Higher as $4.9B Crypto Options Expire<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Around 35,000 Bitcoin options contracts will expire on Friday, August 8, and they have a notional value of roughly $4.1 billion. This expiry event is smaller than last week\u2019s, so it is unlikely to be enough to influence spot markets, which have started to recover following news in the US that Donald Trump has allowed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41107","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41107"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41107\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}