{"id":34202,"date":"2023-12-15T16:53:53","date_gmt":"2023-12-15T20:53:53","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=34202"},"modified":"2023-12-15T16:53:53","modified_gmt":"2023-12-15T20:53:53","slug":"massive-bitcoin-options-expiry-imminent-btc-inflows-spike","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2023\/12\/15\/massive-bitcoin-options-expiry-imminent-btc-inflows-spike\/","title":{"rendered":"Massive Bitcoin Options Expiry Imminent, BTC Inflows Spike"},"content":{"rendered":"

A recent report has revealed an upcoming significant event that will see the expiration of a notable amount of Bitcoin (BTC)<\/a> and Ethereum (ETH) options contracts.<\/p>\n

Bitcoin And Ethereum Options Contract Set To Expire<\/h2>\n

Global options trading service platform Greeks.live, took to X (formerly Twitter) to share <\/a>data regarding the expiration of the crypto assets.\u00a0<\/p>\n

According to the platform, about 37,000 BTC options with a notional value of $1.58 billion are set to expire. In addition, Bitcoin\u2019s current put-call ratio stands at 1.02 with a \u201cMaxpain\u201d point of $42,000.<\/p>\n

Meanwhile, for Ethereum, the data shows that about 268,000 options valued at $610 million are set to expire soon. In addition, the current put-call ratio\u00a0for ETH<\/a> stand at 0.66, with a \u201cmaxpain\u201d point of $2,250. The post read:<\/p>\n

Dec. 15 Options Data. 37,000 BTC options are about to expire with a Put Call Ratio of 1.02, a Maxpain point of $42,000, and a notional value of $1.58 billion. 268,000 ETH options are due to expire with a Put Call Ratio of 0.66, a Maxpain point of $2,250, and a notional value of $610 million.<\/p>\n

Notably, the put-call ratio, to put it simply, contrasts the trading volume of put and call options. A ratio higher than 1 signifies a higher number of puts (sell) than calls (buy) options, implying a negative outlook among traders.\u00a0<\/p>\n

Furthermore, the price at which the highest number of options would expire worthless is known as the maximum pain (Maxpain) point.\u00a0<\/p>\n

Greeks.live asserted that this week saw a decline in the market, with BTC dropping close to $40,000 at one point. As a result, many hedge their positions, which led to a greater proportion of Put than Call positions this week. The bulk of trading is still concentrated on Bitcoin options even with the decline.<\/p>\n

The platform also highlighted that the Implied Volatility (IV)<\/a> has remained quite flat for about a month now. In addition, significant option moves are still going on.<\/p>\n

The Crypto Assets Set To See Substantial Inflow\u00a0<\/h2>\n

Cryptocurrency analyst Ali has recently revealed<\/a> that billions of inflow are set to be poured into Bitcoin and Ethereum<\/a>. The analyst shared this crucial information with the crypto community in an X post on Thursday, December 14.<\/p>\n

According to Ali, over $19.7 billion is about to flow into the two major players in the cryptocurrency market. He also added that this capital inflow is comparable to what we observed in December 2020.<\/p>\n

The X post was accompanied by a chart showing a virtual explanation of a similar scenario. Ali further highlighted that after the scenario, the price of BTC moved from $18,000 to $65,000.<\/p>\n

With billions of dollars flooding into the two major crypto, the market might be poised for further profits.<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

A recent report has revealed an upcoming significant event that will see the expiration of a notable amount of Bitcoin (BTC)<\/a> and Ethereum (ETH) options contracts.<\/p>\n

Bitcoin And Ethereum Options Contract Set To Expire<\/h2>\n

Global options trading service platform Greeks.live, took to X (formerly Twitter) to share <\/a>data regarding the expiration of the crypto assets.\u00a0<\/p>\n

According to the platform, about 37,000 BTC options with a notional value of $1.58 billion are set to expire. In addition, Bitcoin\u2019s current put-call ratio stands at 1.02 with a \u201cMaxpain\u201d point of $42,000.<\/p>\n

Meanwhile, for Ethereum, the data shows that about 268,000 options valued at $610 million are set to expire soon. In addition, the current put-call ratio\u00a0for ETH<\/a> stand at 0.66, with a \u201cmaxpain\u201d point of $2,250. The post read:<\/p>\n

Dec. 15 Options Data. 37,000 BTC options are about to expire with a Put Call Ratio of 1.02, a Maxpain point of $42,000, and a notional value of $1.58 billion. 268,000 ETH options are due to expire with a Put Call Ratio of 0.66, a Maxpain point of $2,250, and a notional value of $610 million.<\/p>\n

Notably, the put-call ratio, to put it simply, contrasts the trading volume of put and call options. A ratio higher than 1 signifies a higher number of puts (sell) than calls (buy) options, implying a negative outlook among traders.\u00a0<\/p>\n

Furthermore, the price at which the highest number of options would expire worthless is known as the maximum pain (Maxpain) point.\u00a0<\/p>\n

Greeks.live asserted that this week saw a decline in the market, with BTC dropping close to $40,000 at one point. As a result, many hedge their positions, which led to a greater proportion of Put than Call positions this week. The bulk of trading is still concentrated on Bitcoin options even with the decline.<\/p>\n

The platform also highlighted that the Implied Volatility (IV)<\/a> has remained quite flat for about a month now. In addition, significant option moves are still going on.<\/p>\n

The Crypto Assets Set To See Substantial Inflow\u00a0<\/h2>\n

Cryptocurrency analyst Ali has recently revealed<\/a> that billions of inflow are set to be poured into Bitcoin and Ethereum<\/a>. The analyst shared this crucial information with the crypto community in an X post on Thursday, December 14.<\/p>\n

According to Ali, over $19.7 billion is about to flow into the two major players in the cryptocurrency market. He also added that this capital inflow is comparable to what we observed in December 2020.<\/p>\n

The X post was accompanied by a chart showing a virtual explanation of a similar scenario. Ali further highlighted that after the scenario, the price of BTC moved from $18,000 to $65,000.<\/p>\n

With billions of dollars flooding into the two major crypto, the market might be poised for further profits.<\/p>\n

<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-34202","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/34202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=34202"}],"version-history":[{"count":1,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/34202\/revisions"}],"predecessor-version":[{"id":34207,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/34202\/revisions\/34207"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=34202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=34202"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=34202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}