Around 23,000 Bitcoin options contracts are due for expiry on Friday, Sept. 13. These derivatives have a notional value of around $1.34 billion.This week’s batch of Bitcoin options contracts has a put/call ratio of 0.86, which means there are slightly more long contracts expiring than shorts but they are more closely matched.
Additionally, there is around $751 million in OI at the $90,000 strike price and still a whopping $930 million at the $100,000 strike price.It added that the Fed rate cut expectations next week are gradually converging. According to the CME Fed Watch tool, the probability of next week’s rate cut of 25 basis points is 87%, and the chance of a rate cut of 50 bps is only 13%.
127,000 ETH options are due to expire with a Put Call Ratio of 0.73, a Maxpain point of $2,400 and a notional value of…In addition to this week’s Bitcoin options, there are around 126,700 Ethereum options expiring with a notional value of $299 million. These derivatives contracts have a put/call ratio of 0.73, which is very similar to last week’s expiry.Total market capitalization has been flat over the past 24 hours at $2.13 trillion.
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