Crypto Options Expire $4.3B for BTC & ETH No De Move Market
For Friday, crypto options go expire with total $4.3B, including about 30,000 Bitcoin options (~$3.5B) and around 190,000 Ethereum options (~$860M).
Bitcoin options open interest dey mainly for $140,000 strike with $2.7B OI, followed by $120,000 ($2.2B) and $95,000 ($2.0B) strikes. The put/call ratio stand for 1.2.
Ethereum options get balanced put/call ratio of 1. Total Bitcoin futures open interest near $86B.
Before Federal Reserve rate decision, implied volatility still dey stable and markets don price 25 basis points rate cut.
Di wider crypto market capitalization dey around $4.2 trillion. Bitcoin dey trade near $116K–$117K, about 5–6% below im all-time high. Ethereum dey hold near $4,500, around 7% below im peak.
Altcoins like HYPE and BNB hit record highs, while LINK, AVAX and SUI dey lead gains.
Historically, crypto options expiry events get small effect on spot volatility. Traders expect say current crypto options expiry go get minimal impact for spot markets.
Neutral
Di crypto options expiry total na reach $4.3B, wit big open interest for main Bitcoin strike dem and balanced put/call ratio for Ethereum. Even wit di big size, implied volatility dey stable and dem don price in Fed rate cut. Historical data show say spot volatility near expiry events dey small. Bitcoin and Ethereum price don recover and altcoins dey rally, which still support di muted reaction. For both short term and long term, di impact for spot markets no go too much, e make outlook neutral.