$400 Million Bitcoin Options Expiry: Will It Impact the Recent Rally?

Publikováno: 6.10.2023

As crypto markets remain relatively stagnant, attention is turning to the impact of a significant Bitcoin (BTC) options expiry event set to occur on October 6.
Approximately 14,000 Bitcoin options contracts, with a total notional value of around $400 million, are set to expire that day, though this event is notably smaller than last week's expiry.
The "max pain" point for these options contracts is $27,000, which is approximately $700 below Bitcoin's current spot price....
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