03-26-2021, 10:05 PM
This is what happens to Bitcoin when options expire each month.
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/mdf4la/this_is_what_happens_to_bitcoin_when_options/"> <img src="https://a.thumbs.redditmedia.com/EBmCkb2a1iWlxQufxoxNEsWD0g7YwJizFHX-8Qk80u8.jpg" alt="This is what happens to Bitcoin when options expire each month." title="This is what happens to Bitcoin when options expire each month." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>The biggest ever Bitcoin options expiry is due on March 26. Over $6 billion worth of Bitcoin options will expire across exchanges on Friday, at 4pm UTC to be precise. This will be a record expiry in terms of the value and number of options, a total of 100,400 Bitcoin options will expire. The previous record was set in January when nearly $4 billion worth of options expired, representing 36% of the open interest at the time. </p> <p>But after each expiry this happens. So strap on for some serious action next week and beyond.</p> <p>​</p> <p><a href="https://preview.redd.it/urf4v5lneap61.jpg?width=900&format=pjpg&auto=webp&s=cc19e56b93c08f79e11a113f5147a2ad8b75797e">Boing Boing BOING</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TheGreatCryptopo"> /u/TheGreatCryptopo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mdf4la/this_is_what_happens_to_bitcoin_when_options/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mdf4la/this_is_what_happens_to_bitcoin_when_options/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/mdf4la/this_is_what_happens_to_bitcoin_when_options/"> <img src="https://a.thumbs.redditmedia.com/EBmCkb2a1iWlxQufxoxNEsWD0g7YwJizFHX-8Qk80u8.jpg" alt="This is what happens to Bitcoin when options expire each month." title="This is what happens to Bitcoin when options expire each month." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>The biggest ever Bitcoin options expiry is due on March 26. Over $6 billion worth of Bitcoin options will expire across exchanges on Friday, at 4pm UTC to be precise. This will be a record expiry in terms of the value and number of options, a total of 100,400 Bitcoin options will expire. The previous record was set in January when nearly $4 billion worth of options expired, representing 36% of the open interest at the time. </p> <p>But after each expiry this happens. So strap on for some serious action next week and beyond.</p> <p>​</p> <p><a href="https://preview.redd.it/urf4v5lneap61.jpg?width=900&format=pjpg&auto=webp&s=cc19e56b93c08f79e11a113f5147a2ad8b75797e">Boing Boing BOING</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TheGreatCryptopo"> /u/TheGreatCryptopo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mdf4la/this_is_what_happens_to_bitcoin_when_options/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mdf4la/this_is_what_happens_to_bitcoin_when_options/">[comments]</a></span> </td></tr></table>Kind Regards R