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How Will $2.2B Crypto Options Expiry Impact Markets?

  • Around 23,200 Bitcoin options contracts with a notional value of $1.9 billion will expire on April 18.
  • The impact on spot markets is expected to be minimal due to declining volumes and volatility in derivatives and spot crypto trading.
  • The put/call ratio for this week's Bitcoin options contracts is 0.92, with a max pain point of $82,000.
  • The open interest is highest at the $100,000 strike price, indicating a bullish sentiment among derivatives speculators.

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