Bitcoin Options Worth $2.26B Set to Expire Today, Bullish Calls Overshadow Bears
beincrypto.com/bitcoin-options-expire-bullish-calls-overshadow-bears
A large chunk of Bitcoin options contracts are about to expire, and the outlook is looking increasingly bullish for derivatives traders.
Around 86,000 Bitcoin options contracts will expire on May 26. They have a notional value of $2.26 billion and a max pain point of $27,000.
The max pain point is the strike price with the most open Bitcoin options contracts. This is the…
This story appeared on beincrypto.com, 2023-05-26.