🚀 Significant BTC and ETH Options Expiry Set for Friday
#BTC #ETH #OptionsExpiry #ImpliedVolatility #BearishSpreads #PutBuying #VolatilityStraddle #CryptoMarket #Ethereum #Bitcoin
A $2.1 billion options expiry for Bitcoin (BTC) and Ethereum (ETH) is scheduled for this Friday, according to NS3.AI. The implied volatilities for BTC and ETH are currently at 42% and 56%, respectively, with ETH's implied volatility reaching a yearly low at the 1.1th percentile. Market activity has shown an increase in put buying and bearish spreads for BTC, while ETH is experiencing notable demand for long volatility straddle strategies.#BTC #ETH #OptionsExpiry #ImpliedVolatility #BearishSpreads #PutBuying #VolatilityStraddle #CryptoMarket #Ethereum #Bitcoin