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$3.4 Billion in BTC Options Set to Expire on November 15: What It Means for Bitcoin’s Price

BitcoinWorld LogoBitcoinWorld11h ago

$3.4 Billion in BTC Options Set to Expire on November 15: What It Means for Bitcoin’s Price - BitcoinWorld

Quick Summary:

$3.4 Billion in BTC Options Set to Expire on November 15: What It Means for Bitcoin’s Price On November 15, approximately $3.4 billion worth of Bitcoin (BTC) options will expire, with a max pain price of $79,500.

According to Deribit, a leading crypto options exchange, the put/call ratio for these options is 0.

Price Manipulation Potential: High open interest around a specific price point (such as $79,500) may lead to efforts by certain market participants to influence prices toward that level to maximize financial benefits.


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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 13:45:34 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 569 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23603054

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 21 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "$3.4 Billion in BTC Options Set to Expire on November 15: What It Means for Bitcoin’s Price" has 569 words across 26 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "$3.4 Billion in BTC Options Set to Expire on November 15: What It Means for Bitcoin’s Price" was covered 11 hours ago by BitcoinWorld, a news publisher based in India.

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BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 21 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23603054
  • URL: https://beamstart.com/news/34-billion-in-btc-options-17316797413395

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