Bitcoin options worth over $6.3 billion set to expire this Fri | Bitcoin News
Bitcoin options worth over $6.3 billion set to expire this Friday on Deribit
Approximately $9.4 billion in cryptocurrency options are set to expire this Friday on the Deribit derivatives exchange. The majority of the options set to expire are bitcoin contracts, with a notional value of $6.35 billion. The put-call ratio ahead of Friday's end-of-month expiry is elevated at 0.68 — an increase in the amount of puts versus calls when compared to the previous week.