According to CoinDesk, cryptocurrency options exchange Deribit has stated that trading activity in the Bitcoin (BTC) market may intensify in the next two days as multi billion dollar option contracts are about to expire.

Deribit CEO Luuk Strijers stated in an interview with CoinDesk:

About 20% of the BTC options that are about to expire are in the money options, and this larger expiration may exacerbate volatility or activity as traders close or transfer positions, which could also affect the price

Trading activity in the coming months may remain strong as the US Securities and Exchange Commission (SEC) approves option trading for the BlackRock Bitcoin Spot ETF (IBIT), which could accelerate institutional adoption. Strijers states:

The option of ETFs is one of the biggest potential drivers. The SEC has allowed it, but the OCC (Options Clearing Corporation) and CFTC (Commodity Futures Trading Commission) have not yet approved it, and it is unlikely to approve it this week

Strijers also pointed out that the pricing of options expiring in the coming months shows a bullish outlook. He said:

The skewness of BTC and ETH buying and selling options shows a negative value after the expiration in September, which is a bullish indicator because call options are more expensive than put options

The maximum pain point indicates potential downward pressure

The biggest pain point refers to the price level at which the option buyer suffers the maximum loss upon expiration. In traditional markets, a popular theory suggests that when an option is close to expiration, the maximum pain point price usually attracts prices closer like a magnet. This is because the option seller (usually a large institution with ample funds) will influence the spot price through trading the underlying asset, bringing it closer to the maximum pain point price and causing the buyer to bear the maximum loss.

The biggest pain point for the Bitcoin option that expires this Friday is $58000, while the current trading price for Bitcoin spot is $63800. Rick Maeda, an analyst at Presto Research, said in an interview with CoinDesk that this does create some potential downward pressure as it approaches maturity.

The maximum pain point theory has been circulating since 2021, although some people believe that the cryptocurrency options market is still relatively small and not enough to have a significant impact on spot prices.

data source

(责任编辑：创业研究)

• ·火币网提币时间
• ·10月31日招商高端装备混合A净值增长0.89%，近3个月累计上涨10.7%
• ·购买的安全帽怎么做会计分录
• ·欧亿交易所下载(快速交易，高效投资)
• ·qi什么 039 gu什么
• ·10月31日民生加银鑫福混合C净值增长0.76%，近3个月累计上涨7.08%
• ·2025年比特币交易平台排名
• ·memeBIAN卓下载地址入口 memeBIAN卓手机平台最新版
• ·个人所得税劳务报酬怎么填
• ·10月31日银河君盛混合A净值增长0.04%，近3个月累计上涨11.05%
• ·以太坊巨鲸清仓超2600万美元ETH\n关键词：以太坊 巨鲸地址 清仓 加密货币 市场动态\n摘要：据Lookonchain监测，某巨鲸地址清仓10543枚ETH，价值约2610万美元，两日内浮亏200万美元，市场波动引发关注。
• ·英皇娱乐酒店(00296.HK)拟出售Bausman Limited全部股权
• ·拍拍贷筹集一晚上了还是百分零是怎么回事？我该怎么办。
• ·CHEVALIER INT‘L(00025)10月31日注销28.4万股已购回股份
• ·星火币价格图片-星火提币教程
• ·10月31日华夏融盛可持续一年持有混合A净值下跌0.90%，近1个月累计下跌5.17%