BTC, ETH Brace for $17B Options Expiry Amid Fed Meeting, Tech Company Earnings
CoinDesk
Bitcoin and Ether options worth $17 billion are set to expire Friday amid a Fed meeting and tech earnings, potentially increasing volatility.Summary
Bitcoin (BTC) and Ether (ETH) options contracts totaling approximately $17 billion are scheduled to expire on Deribit this Friday, marking one of the largest monthly expirations this year. This event occurs while markets are already anticipating volatility due to the Federal Reserve's interest rate meeting and major tech company earnings releases this week. Bitcoin is currently trading near its max pain level of $114,000, the price where the most options contracts would expire worthless. Out-of-the-money (OTM) options dominate open interest, suggesting speculative positioning expecting significant market swings. Ether's max pain level is near $4,110, close to its current trading price of about $4,000.
(Source：CoinDesk)