
Will $2.4B Bitcoin Options Expiry Drive Markets Lower?
Bitcoin is already in retreat following its all-time high of $73,580 this week, but will today’s big expiry event send prices tumbling lower? Around 30,600 Bitcoin options contracts will expire on March 15 with a notional value of around $2.45 billion. This week’s expiry event is slightly larger than last week’s, but a huge one worth almost $10 billion will occur at the end of March. Bitcoin Options Expiry The put/call ratio for today’s batch of Bitcoin options is 0.78 which means there are slightly more calls (long contracts) being sold than puts (shorts). There is a lot of open…








