Options

There are approximately 21,800 Bitcoin options contracts due to expire on Friday, April 19. These derivatives have a notional value of around $1.33 billion, which is marginally lower than last week’s expiry event. Moreover, crypto markets have been tanking hard all week, with Bitcoin poised to lose its psychological price level of $60,000. Bitcoin Options Expiry Today’s expiring batch of BTC contracts has a put/call ratio of 0.63, which means there are almost twice as many call (long) contracts expiring…

Dogecoin (DOGE) has evolved from a meme token to a serious player in crypto, driven by community, humor, and speculation (“DOGE Fever”). It utilizes Litecoin’s blockchain for efficient transactions. Bitcoin Cash (BCH) experienced a price spike after its halving event, rising by 10%. Its future price dynamics are uncertain as Bitcoin (BTC) gears up for its halving. Coinbase Derivatives launched regulated futures contracts for BCH, signaling a positive outlook. Rebel Satoshi ($RBLZ) is gaining popularity among investors due to recent…

Implied volatility for Bitcoin options surged, indicating decreased confidence among market participants regarding price direction. Amidst bearish bets ahead of the April 26 options expiry, there’s speculation that the halving event might trigger a “sell the news” scenario, akin to the market reaction following the approval of spot Bitcoin ETFs in January. Bitcoin investors are eagerly awaiting the much-awaited event of 2024 i.e. the Bitcoin halving, scheduled to happen next week on August 20. As we know, the Bitcoin halving…

There are roughly 21,000 Bitcoin options contracts due to expire on Friday, April 12. These have a notional value of around $1.5 billion, which is slightly higher than last week’s expiration event. Additionally, crypto markets have been relatively stable this week, with total capitalization hovering at just over $2.7 trillion, and Bitcoin is dominating market movements. Bitcoin Options Expiry Today’s tranch of expiring Bitcoin derivatives has a put/call ratio of 0.62, meaning there are almost twice as many call (long) contracts…

The United States Securities and Exchange Commission (SEC) has postponed its decision on the New York Stock Exchange’s proposal to introduce option trading on spot Bitcoin exchange-traded funds (ETFs). Grayscale Bitcoin Trust and Bitwise Bitcoin ETF are directly affected since they hold BTC on the NYSE. SEC Delays Decision on Spot BTC ETF Options Trading The SEC cited in its April 8 filing that it will require a longer time to take action on the suggested rule change so that…

The SEC extended the review period for the proposed rule change for options trading on spot Bitcoin ETF, pushing the decision deadline to May 29. Options trading provides investors with opportunities for speculation and hedging strategies. If approved, this move would mark a significant step in integrating digital assets into traditional financial markets. Once again, the U.S. Securities and Exchange Commission has delayed its decision to offer options trading for the spot Bitcoin exchange-traded funds (ETFs) on the New York…

The United States Securities and Exchange Commission has delayed its decision to allow the New York Stock Exchange to offer options for trading on spot Bitcoin ETFs.  The next deadline for the SEC to approve, deny, or delay the proposed rule change on the New York Stock Exchange is on the 29th of May.  SEC Delays Decision  The Securities and Exchange Commission’s delay could significantly impact options trading on the Bitwise Bitcoin ETF (BITB), the Grayscale Bitcoin Trust (GBTC), and…

There are around 18,000 Bitcoin options due to expire on April 5 with a notional value of $1.23 billion. However, today’s expiry event is much smaller than last week’s whopping $15 billion end-of-quarter crypto options expiry. Moreover, markets have been weaker this week, with total capitalization falling 5% as $150 billion left the space. Bitcoin Options Expiry Today’s tranche of expiring Bitcoin options contracts has a put/call ratio of 0.64. This means there are about a third more call (long)…

March 29 is an end-of-quarter Bitcoin options expiry event, and it is a big one. There are approximately 135,250 BTC options contracts expiring today. The notional value of today’s big batch of Bitcoin derivatives is a whopping $9.74 billion, making it the largest expiration event so far this year, according to Deribit. Bitcoin Options Expiry The put/call ratio for today’s huge tranche is 0.85, meaning there are slightly more long contracts being sold than shorts. There are more than a…