According to Greekslive, on July 17, 19k BTC options expired, with a notional value of about $1.2 billion, a Put/Call Ratio of 0.9, and the maximum pain point at $63k; another 123k ETH options expired, with a notional value of about $230 million, a Put/Call Ratio of 1.61, and the maximum pain point at $1,800. Greekslive believes that BTC has been trading in a range of $60k to $65k for more than a month, and that expiring options this week account for about 5% of total open interest. The share of ETH put options has been higher than call options for a continuous month, and has continued to rise, indicating a clear divergence between bulls and bears.

BTC-2.51%
ETH-4.43%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned