Will Markets Move When $2B Crypto Options Expire Today?

Description

Around 16,500 Bitcoin options contracts will expire on Friday, Feb. 21, and they have a notional value of roughly $1.6 billion. This week’s expiry event is smaller than last week’s and one of the tiniest of the year, which means there will be virtually no impact on spot markets, which have been range-bound for most of the week. Bitcoin Options Expiry This week’s tranche of Bitcoin options contracts has a put/call ratio of 0.75, meaning that there are slightly more call (long) contracts expiring ...