Bitcoin's Upcoming $14B Options Expiry Marked by Surge in Put-Call Ratio. What Does it Indicate?

Bitcoin's put-call ratio has surged to 0.72 ahead of a significant options expiry on Deribit, reflecting increased interest in put options traditionally seen as bearish. However, this spike may signal a shift, driven by "cash-secured puts," a strategy to accumulate BTC while generating yield. With over $14 billion in options contracts set to expire, market participants are bracing for heightened volatility, particularly with many call options currently in the money. Traders expect tight price action around the $100K-$105K range as they prepare for potential shifts in market sentiment. Dive deeper into the evolving BTC options landscape! This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk