Analysis of Year-End Options Expiry for BTC and ETH
12/27/2024 8:01:56 AM
According to Greeks.live, on December 27, 150,000 Bitcoin options expired with a Put Call Ratio of 0.69, a Maxpain point of $85,000, and a total notional value of $14.17 billion. Additionally, 1.12 million Ethereum options expired with a Put Call Ratio of 0.41, a Maxpain point of $3,000, and a notional value of $3.74 billion. This marks a significant annual delivery with $18 billion in options expiring, influencing market adjustments. The market remains less heated due to the Christmas period coinciding with the annual delivery. Despite this, Bitcoin has more than doubled its gains in 2024, and the market has been optimistic about 2025 following a strong year-end run since November. (Source)
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