CryptoCoinDeskabout 1 hour ago
Bitcoin's $16B Options Expiry Hits Friday
5 min read
Roughly $15.9 billion in bitcoin options and $2.1 billion in ether options expire Friday at 8:00 UTC, Deribit CEO Luuk Strijers said. The book is call-heavy, with 55% of $9.4 billion in bitcoin calls in the money. Dealer hedging that fueled bitcoin's run through $80,000 to $87,000 may fade after settlement, potentially lifting short-term volatility.
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