#Bitcoin Options to Expire on April 7 with a Ratio of 1.85 Call Option to Put Option
According to reports, data shows that $1.12 billion of Bitcoin options will expire on April 7. Among them, the ratio of 1.85 call option to put option reflects the interest differe
According to reports, data shows that $1.12 billion of Bitcoin options will expire on April 7. Among them, the ratio of 1.85 call option to put option reflects the interest difference between the open positions of $720 million call option (buy) and $390 million put option (sell). If the price of Bitcoin remains around $28100 at 8:00 a.m. UTC on April 7, there will be only $125 million in call option. In addition, the key level of maturity is $28000, but due to increased economic recession risks and market volatility, it is impossible to predict the outcome. If bulls can obtain $100 million in funds, these funds are likely to be used to further strengthen support levels.
$1.12 billion Bitcoin options expire today
##Introduction
Bitcoin, the world’s largest cryptocurrency, is set to see a significant $1.12 billion worth of Bitcoin options expire on April 7. The market is buzzing with excitement and anticipation over what this could mean for the future of Bitcoin.
##What Are Bitcoin Options?
Bitcoin options are a type of financial derivative that give the trader the right, but not the obligation, to buy or sell Bitcoin at a predetermined price on a specific date. The options expire at a set time and date, after which the contract loses all value.
##April 7 Expiry: Ratio of 1.85 Call Option to Put Option
On April 7, a staggering $1.12 billion worth of Bitcoin options are set to expire. The current ratio of 1.85 call options to put options reflects a significant interest difference between the open positions of $720 million call options (buy) and $390 million put options (sell).
##Price of Bitcoin at 8:00 a.m. UTC on April 7
If the price of Bitcoin remains around $28100 at 8:00 a.m. UTC on April 7, there will only be $125 million in call option. This could potentially lead to a significant increase in Bitcoin’s price, as traders rush to buy Bitcoin at a higher price.
##Key Level of Maturity: $28000
The key level of maturity for the current Bitcoin options is $28000. However, due to increased economic recession risks and market volatility, it is impossible to predict the outcome with certainty.
##Bulls Need $100 Million in Funds
If bulls can obtain $100 million in funds, these funds are likely to be used to further strengthen support levels. This could potentially lead to a significant increase in Bitcoin’s price, as traders rush to buy Bitcoin at a higher price.
##Conclusion
The upcoming expiry of Bitcoin options on April 7 is set to have a significant impact on the cryptocurrency market. With $1.12 billion worth of options set to expire, the market is buzzing with excitement and anticipation.
##FAQs
1. What are Bitcoin options?
A: Bitcoin options are a type of financial derivative that give the trader the right, but not the obligation, to buy or sell Bitcoin at a predetermined price on a specific date.
2. What is the ratio of call option to put option for April 7 expiry?
A: The current ratio of 1.85 call options to put options reflects a significant interest difference between the open positions of $720 million call options (buy) and $390 million put options (sell).
3. Could the April 7 expiry lead to a significant increase in Bitcoin’s price?
A: If the price of Bitcoin remains around $28100 at 8:00 a.m. UTC on April 7, there will only be $125 million in call option. This could potentially lead to a significant increase in Bitcoin’s price, as traders rush to buy Bitcoin at a higher price.
##Keywords
Bitcoin options, Bitcoin, Call option, Put option, Expiry, Maturity level, Bull market, Cryptocurrency trading.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/13188/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Coin Supports the Network Upgrade of Filcoin
It is reported that according to the official announcement, Coin will support the network upgrade of Filecoin (FIL). The specific arrangements are as follows: Coin security will support the network upgrade of Filecoin (FIL) Analysis based on this information:Cryptocurrency trading has become a popular way to make money. It is for this reason that the demand for different types of digital currencies has consistently been on the rise. One of the popular cryptocurrencies in the market is Filecoin (FIL). An official announcement reported that the Coin supports the network upgrade of Filecoin. The support is a move to facilitate transactions through the FIL network more efficiently. When a digital currency network undergoes an upgrade, it means that the system gets more advanced features that enhance its smooth operation. Upgrades also help to protect a network against cyber-attacks and other malicious activities. The specific arrangements of the upgrade include improving network performance, resolving protocol issues and enhancing network security. The Filecoin…
-
Bank of America’s acquisition of Signature Banks: The implications of uninsured deposits on small banks
According to reports, Bill Ackermann, founder of Pershing Square Capital Management, tweeted, “I heard that Bank of America will acquire signature banks on Monday. Unless we can protect uninsured deposits, the cost of capital for small banks will rise, forcing them to merge or be acquired by SIB (System Important Bank). I don’t think this is beneficial for the United States.” Hedge fund giant Akman: Bank of America may acquire Signature Bank on Monday Analysis based on this information:The recent tweet by Bill Ackermann regarding Bank of America’s announcement to acquire the Signature Banks on Monday, has caused a lot of stir in the finance industry. While the acquisition may seem like a positive step for Bank of America, it could create a ripple effect on small banks. Ackermann’s concern is that small banks will bear the cost of capital due to the increased risk that comes with uninsured deposits. Small banks derive a significant portion of their funding from…
-
BitfinexAlpha Report Shows Improved CPI in March
On April 18th, according to the latest report from BitfinexAlpha, the Consumer Price Index (CPI) improved in March, although it remained high. The decrease in monthly inflation rat
-
Grayscale’s Probability of Winning Against SEC Rises Following Debate
It is reported that Eric Balchunas, a senior ETF analyst at Bloomberg, disclosed on social media that our senior litigation analyst raised the winning probabil…
-
US Household Debt Skyrockets to Record 16.9 Trillion US Dollars
According to reports, the latest report released by the Federal Reserve Bank of New York showed that in the fourth quarter of last year, US household debt incr…
-
A Share Digital Currency and Computing Power Concept Stocks Rise
According to reports, A-share digital currency concept stocks and computing power concept stocks have strengthened, Asia United has developed three consecutive boards, Oma Electric
-
Sun Yuchen Proposes Establishment of Reliable Bank for Cryptocurrency Industry
It is reported that Sun Yuchen Justin Sun announced on social media that recent events such as Silicon Valley Bank have highlighted the potential harm to many people in the industry. Now is the time to establish a reliable bank that can meet the needs of the encryption industry. As a supporter of this ecosystem, I am willing to accept any idea that will help to create such a bank. Sun Yuchen said that he is willing to cooperate with friends and provide capital, management and operation support. Whether it is onshore or offshore banks, a strong banking infrastructure that connects traditional finance and cryptocurrency is crucial for the wider adoption of cryptocurrency. It will establish a safe and standardized environment for the encryption industry, and ensure that events like Silicon Valley Bank will not happen in the future. Sun Yuchen: willing to accept the idea of creating a cryptobank and provide capital, management and operation support Analysis based on…
-
South Korean Prosecutors Seek Arrest of Terraform Labs Co-Founder Daniel Shin
On March 27th, South Korean prosecutors once again pushed for the arrest of Daniel Shin, a co-founder of Terraform Labs. At the end of November last year, South Korean prosecutors
-
Ripple Public Policy Director Urges US to Embrace European Union and United Kingdom’s Cryptocurrency Regulation
On April 24th, in the absence of clear cryptocurrency regulation in the United States, Ripple Public Policy Director Susan Friedman urged the United States to draw inspiration from
-
Report: GUSD asset reserves of $562 million, with short-term bonds as the main focus
On April 5th, Gemini, a US compliant trading platform, released a transparency report on its stable currency Gemini dollar (GUSD). The report shows that GUSD is supported by cash a
-
Binance Resumes Support for Russian Bank Card Transactions
It is reported that Binance, the cryptocurrency exchange, has resumed support for Russian bank card transactions, including credit cards from Visa and Mastercard payment systems. R
-
An Analysis of Smart Money Address’s Investment in PEPE Tokens
On April 19th, market analyst Grzegorz Drozdz from Conotoxia Ltd. expressed his opinion on the recent news that a Smart Money address had invested 0.125 ETH to buy 5.9 trillion PEP
-
Central Bank of Australia Holds Private Meetings with International Cryptocurrency Industry Executives
It is reported that the Central Bank of Australia and the Ministry of Finance have held private meetings with executives from the international cryptocurrency industry to discuss the future of digital assets and regulation in the country. Tom Duff Gordon, Vice President of International Policy at Coinbase, submitted an exchange of views on the token mapping consultation document released by the Ministry of Finance last month. Token mapping is the process of identifying key activities and functions of products in an encryption ecosystem and mapping them to existing regulatory frameworks. The Australian Ministry of Finance held consultations with institutions such as Coinbase on digital assets and regulation Analysis based on this information:The Central Bank of Australia and Ministry of Finance have held private meetings with international cryptocurrency industry executives to discuss the future of digital assets and regulation. This comes as regulators worldwide attempt to gain better insight into the use and regulation of cryptocurrency, which has become increasingly popular…
-
Binance.US Expects to Resume ACH Deposit and Withdrawal Service of Signature Bank within 24 Hours: All You Need to Know
On March 30, a spokesperson for Binance. US said that Binance. US expects to resume the automatic clearing center (ACH) deposit and withdrawal service of Signature Bank within 24 h
-
Why is the OKEX account disabled (what should I do if the OKEX account has been disabled)
<img src='https://img.doulai.com/pic/enpic.php?k=Why is the OKEX account disabled? Imgalt=Why is the OKEX account disabled?} Why is the OKEX account disabled? According to OKEx’s announcement, due to some users using leverage on the platform, funds have been frozen. For such accounts, in order to protect the security of their assets, funds can be returned to the designated address of the individual or other accounts on the trading platform So why does it affect users’ operations? The following will be organized and analyzed by the Daily Planet. 1、 Why are trading accounts restricted? If a customer needs to withdraw currency or transfer funds, they can make a purchase on OKEx, but it should be noted that they should not complete the withdrawal and withdrawal through third-party exchange channels; If there are problems, they can be resolved by directly contacting official customer service, and there are no risks or hidden dangers. 2、 How to prevent account theft? Let’s take a look at the official…
-
Coinbase Enables ETH to Release Its Pledge Function
According to reports, according to official Twitter, Coinbase announced that it has enabled ETH to release its pledge function.
Coinbase has enabled ETH pledge release function
Cry