🌾Dec. 15 Options Data
37,000 BTC options are about to expire with a Put Call Ratio of 1.02, a Maxpain point of $42,000 and a notional value of $1.58 billion.
268,000 ETH options are due to expire with a Put Call Ratio of 0.66, a Maxpain point of $2,250 and a notional value of $610 million.
Crypto encountered a pullback this week, especially BTC falling to $40,000 at one point, and a large number of protective options were traded, resulting in Put positions being larger than Call this week.
Looking at the options data, we can see that the major trades are still focused on BTC options, IV has been very flat for almost a month now, and large option shifts are still in progress.
37,000 BTC options are about to expire with a Put Call Ratio of 1.02, a Maxpain point of $42,000 and a notional value of $1.58 billion.
268,000 ETH options are due to expire with a Put Call Ratio of 0.66, a Maxpain point of $2,250 and a notional value of $610 million.
Crypto encountered a pullback this week, especially BTC falling to $40,000 at one point, and a large number of protective options were traded, resulting in Put positions being larger than Call this week.
Looking at the options data, we can see that the major trades are still focused on BTC options, IV has been very flat for almost a month now, and large option shifts are still in progress.