Ethereum

Bitcoin

mirror

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>62,000 Bitcoin options and 530,000 Ethereum options expire today.</li> 
 <li>BTC is trading above $59,000, and ETH is above $2,500.</li> 
</ul> 
<p>August 30 Bitcoin and Ethereum options data has been just released.</p> 
<p>According to the official announcement coming from Greeks.live, 62,000 Bitcoin options are about to expire today with a Put Call Ratio of 0.59, a Maxpain point of $61,000, and a notional value of $3.66 billion.</p> 
<figure style="width: 100%" class="wp-caption alignnone">
 <a href="https://x.com/GreeksLive/status/1829423600182640938/photo/2" rel="nofollow" target="_blank"><img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GWNrEAgaYAATJky?format=jpg&amp;name=4096x4096" alt="Greeks.live via X" width="2064" height="1147" title="62K Bitcoin Options and 530K Ethereum Options Expire Today 32"></a>
 <figcaption class="wp-caption-text">
  Greeks.live via X
 </figcaption>
</figure> 
<p>Also, 530,000 Ethereum options are about to expire today with a Put Call Ratio of 0.49, a Maxpain point of $2,800, and a notional value of $1.34 billion.</p> 
<figure style="width: 100%" class="wp-caption alignnone">
 <a href="https://x.com/GreeksLive/status/1829423600182640938/photo/1" rel="nofollow" target="_blank"><img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GWNrDfNbAAAAZx5?format=jpg&amp;name=4096x4096" alt="Greeks.live via X" width="2100" height="1129" title="62K Bitcoin Options and 530K Ethereum Options Expire Today 33"></a>
 <figcaption class="wp-caption-text">
  Greeks.live via X
 </figcaption>
</figure> 
<p>The weakness in Ethereum this month is obvious in today’s monthly delivery for Options data, with the Montlhy Maxpain point and delivery price differing by over 10%, according to Greeks.live.</p> 
<h2 id="long-term-ivs-up-ahead-of-september">Long-Term IVs Up Ahead of September</h2> 
<p>The long-term IVs have risen this month, and the short-term IVs have fallen, according to the same observations via X, and there’s not too much room for the IVs to fall overall at this point.</p> 
<p>According to historical data over the past few years, September is generally slightly flat-“weak to strong” month, and the Q4 will be a good time for Bitcoin.</p> 
<p><a href="https://x.com/GreeksLive/status/1829423600182640938" rel="nofollow" target="_blank">Greeks.live</a> also mentioned that recently, there have been a lot of whales laying out the October market. All signs indicate that the last four months of 2024 will mirror a good market.</p> 
<p>Both Bitcoin and Ethereum saw intense price volatility this week.</p> 
<h2 id="btc-trades-above-59-000-and-eth-above-2-500">BTC Trades Above $59,000 and ETH Above $2,500</h2> 
<p>Regarding <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/">Bitcoin</a>‘s price today, at the moment of writing this article, BTC is trading above $59,000, up by 0.2% in the past 24 hours. Yesterday, the coin hit prices over $61,000 ahead of today’s correction.</p> 
<p>This week, despite seeing a race towards $65,000, BTC recorded a significant drop in price on August 28 due to <a href="https://crypto.ro/en/news/why-is-bitcoin-down-today/">multiple factors.</a></p> 
<p>As for<a href="https://crypto.ro/en/cryptocurrencies/ethereum/"> Ethereum</a>, the coin is currently trading above $2,500, after lingering above $2,700 at the beginning of this week.</p>

62K Bitcoin Options and 530K Ethereum Options Expire Today

Table of Contents

crypto.ro global

Other articles published on Aug 30, 2024

Base Network’s Base Dawgz ICO Ends – Get In At Listing Price Before Decentralized Exchange Launch

Shiba Inu Price Poised To Rally Amid 3-Year Low Exchange Deposits

Who Will Reign Supreme This Month: NEAR or Mog Coin?

Banks face new risks from permissionless blockchains, BIS warns

What Does the US Inflation Data Mean? Will There Be a Rate Cut in September and If So, How Much W...

NEAR Confronts Channel Top: Is Pullback Still On The Cards?

Join our free newsletter for daily crypto updates!