{"id":81866,"date":"2026-04-17T04:48:15","date_gmt":"2026-04-17T04:48:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=81866"},"modified":"2026-04-17T04:48:15","modified_gmt":"2026-04-17T04:48:15","slug":"will-markets-break-resistance-when-2b-crypto-options-expire-today","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=81866","title":{"rendered":"Will Markets Break Resistance When $2B Crypto Options Expire Today?"},"content":{"rendered":"<div>\n<p>Around 22,200 Bitcoin options contracts will expire on Friday, April 17, with a notional value of roughly $1.66 billion. This event is a little smaller than last week\u2019s expiry, so it is unlikely to have any impact on spot markets.<\/p>\n<p>Crypto prices have been climbing slowly this week, with around $150 billion being added to total capitalization since Monday.<\/p>\n<h2>Bitcoin Options Expiry<\/h2>\n<p>This week\u2019s batch of Bitcoin options contracts has a put\/call ratio of 1, meaning that sellers of longs and shorts are evenly matched. Max pain is around $71,000, according to Coinglass, which is a little lower than current spot prices, so some could be out of the money on expiry.<\/p>\n<p>Open interest (OI), or the value or number of Bitcoin options contracts yet to expire, remains highest at the $80,000 strike price on Deribit, with $1.5 billion as bullish bets take over, but bears still have $1.4 billion in OI at $60,000.<\/p>\n<p>Total BTC options OI across all exchanges has been steadily climbing this month and is at $35.6 billion, according to Coinglass.<\/p>\n<blockquote>\n<p>\u201cPositioning has shifted from last week. BTC flipped from call-heavy to puts leading, while ETH OI grew week-on-week despite the broader market move,\u201d commented Deribit.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Options Expiry Alert.<br \/>\nAt 08:00 UTC tomorrow, ~$2.1B in crypto options are set to expire on Deribit.<a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a>: ~$1.63B notional | Put\/Call: 1.02 | Max Pain: $71K <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a>: ~$444.7M notional | Put\/Call: 0.94 | Max Pain: $2,250<\/p>\n<p>Positioning has shifted from last week. BTC flipped from\u2026 <a href=\"https:\/\/t.co\/VMjM3W3XSV\">pic.twitter.com\/VMjM3W3XSV<\/a><\/p>\n<p>\u2014 Deribit (@DeribitOfficial) <a href=\"https:\/\/twitter.com\/DeribitOfficial\/status\/2044738734621655391?ref_src=twsrc%5Etfw\">April 16, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As the price of Bitcoin continues to rebound, \u201cthe IV [implied volatility] of major-term options is actually decreasing, while Skew is clearly skewed positively,\u201d <a href=\"https:\/\/x.com\/GreeksLive\/status\/2044026200730021996\">stated<\/a> crypto derivatives provider Greeks Live this week.<\/p>\n<blockquote>\n<p>\u201cThe market has undergone a re-adjustment of its positional strategies, and the main participants have reached a consensus on the expected trends for the future \u2013 low volatility is becoming the prevailing trend in the market.\u201d<\/p>\n<\/blockquote>\n<p>In addition to today\u2019s batch of Bitcoin options, around 196,000 Ethereum contracts are also expiring, with a notional value of $460 million, max pain at $2,225, and a put\/call ratio of 0.91. Total ETH options OI across all exchanges is around $7.4 billion.<\/p>\n<h2>Spot Market Outlook<\/h2>\n<p>Total market capitalization is currently at a ten-week high of $2.64 trillion, but it is hitting resistance here as it did in mid-March.\u00a0Bitcoin is <a href=\"https:\/\/cryptopotato.com\/bitcoin-exchange-flows-suggest-clear-accumulation-trend-analyst\/\">hovering<\/a> around resistance at $75,000 and has failed to make any progress above this key price zone.<\/p>\n<p>Ethereum is ending the week in Asia around $2,345 after gaining 7% over the past seven days.\u00a0The altcoins are generally mixed this Friday morning, with larger gains for XRP, Solana, Dogecoin, Cardano, and MemeCore, which has exploded 32%.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/will-markets-break-resistance-when-2b-crypto-options-expire-today\/\">Will Markets Break Resistance When $2B Crypto Options Expire Today?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Around 22,200 Bitcoin options contracts will expire on Friday, April 17, with a notional value of roughly $1.66 billion. This event is a little smaller than last week\u2019s expiry, so it is unlikely to have any impact on spot markets. Crypto prices have been climbing slowly this week, with around $150 billion being added to [&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-81866","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\/81866","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=81866"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/81866\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=81866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=81866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=81866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}