$ 6 Billion in Expiring Bitcoin Options

After another week of bitcoin price volatility, including a new all-time high, a new record for options expiring on March 26 could play a key role in price action and the continuation of this volatility for days to come.

Options are a contract for the right to buy or sell an asset at a specified price. According to data analytics company Bybt, there are over 100,000 BTC, the equivalent of $ 5,574,000,000 (given bitcoin’s price of $ 55,740 at the time of writing this article), of options that will expire this Friday, March 26, on numerous exchanges important. This will create an interesting trading session before the weekend.


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