Bitcoin Bulls Grab Market As Friday’s $1.7B monthly Options Expiry Remain Wit...

Friday’s $1 billion Bitcoin options expiry is tilted toward bulls who have set their sights on the $40,000 level. On Feb. 5, a total of $1 billion in Bitcoin (BTC) options open interest is set to expire. This number is small relative to the past month's $4 billion options expiry, but monthly and quarterly options typically concentrate the most volume. Friday's expiry is somewhat unusual although it is balanced at the current BTC levels. Data also shows that bulls have many incentives to push up the price above $38,000.BTC Feb. 5 options aggregate open interest. Source: Deribit, OKEx,....

Even as $525 million in Bitcoin options expire on Friday, bulls are expected to strongly defend the $15.5K level. On Nov. 13, a total of $525 million in Bitcoin (BTC) options open interest is set to expire. This is similar to last week when $470 million in options open interest also expired. This presents somewhat unusual activity as most volume goes through monthly and quarterly options.On Nov. 5 (last Friday), put (sell) options open interest was 30% larger than call (buy) ones. Deribit exchange holds $431 million open interest for this Friday's expiry and Bit.com has $72 million.Before....

A $2,200 Ethereum price would give bulls a $28 million advantage in this week’s ETH options expiry, but traders are more focused on the impact of the London hard fork in mid-July. Ether's (ETH) $1.5 billion monthly expiry on June 25 was slightly favorable for bears, and at the time, Cointelegraph reported that the $2,200 price was critical to eliminate 73% of the neutral-to-bearish put options. However, bulls were not able to sustain their advantage because the expiry price was near $1,950. In the end, the protective put options outnumbered the neutral-to-bullish call options by $30....

Bitcoin's surge above $40,000 boosted the bulls' advantage in this month's $1.7 billion options expiry. On Friday, July 30, a total of 42,850 Bitcoin (BTC) option contracts ($1.7 billion) are set to expire. This might be the first time since the May 21 weekly expiry that bulls will be able to profit from the $40,000 call (buy) options. The most recent surge in price may have been prompted by the rumor that Amazon would accept crypto payments, but after the e-commerce giant denied these rumors, BTC has held relatively steady. According to options markets, regardless of the reason behind the....

The Fed’s plan to taper a massive monthly economic stimulus pulled stocks down, but BTC ignored critical comments and looks strong heading into Friday’s options expiry. In the past 7 days, Bitcoin (BTC) failed to break through the $48,000 resistance, but the price remained flat even as Minneapolis Federal Reserve chairman Neel Kashkari bashed the industry. During an appearance at the Pacific NorthWest Economic Region annual summit on August 17, Kashkari said:"So far what I've seen is…95% fraud, hype, noise and confusion."Moreover, according to Yahoo Finance, Kashkari specifically targeted....