Historic Bitcoin Options Expiry Looms: Volatility Peaks with Max Pain
A historic Bitcoin options expiry, worth $14 billion, is set to conclude a volatile year.
With 146,000 contracts—double the next largest in March 2025—this expiry represents 44% of total Bitcoin options open interest, valued at $32 billion. Deribit CEO Luuk Strijers notes that $4 billion may expire in the money, sparking intense trading activity.
While 2024 has been bullish for Bitcoin, rising volatility and stalled momentum heighten risks of a sudden market shift. This event could shape sentiment and market direction as 2024 begins.
Clever Robot News Desk 24th December 2024
