BTC and ETH Options Expire on July 24 as BTC Put Call Ratio Falls to 0.89

24/07 10:44

Greeks.live macro researcher Adam said on X that 190,000 BTC options expired on July 24, with a put-call ratio of 0.89, a maximum pain level of $64,500, and a notional value of $1.2 billion. According to Odaily, 125,000 ETH options expired with a put-call ratio of 1.25, a maximum pain level of $1,875, and a notional value of $230 million. Adam said Bitcoin briefly rose above $66,000 this week, but the move was difficult. He said the $80,000 to $65,000 range was a high-volume trading area during the early-year rally, and that it remains important to watch when funds flow into crypto. He said U.S. stocks tied to SpaceX continued to fall sharply, while the storage sector saw large swings. He added that 4% of options expire this week, with expiration indicators little changed from last week, and that market volatility has remained low with fewer trading opportunities. Implied volatility fell to around 35%. Adam said BTC gamma exposure is concentrated at $65,000 and $72,000, while ETH gamma exposure is concentrated between $1,900 and $2,200. He said the ETH put-call ratio fell to 1.29 this week, but put options have stayed above 1 for six straight weeks, the longest stretch on record. He also said this shows strong demand for put options and participation from traders buying puts to dip. He said crypto has been in a bear market for eight months, with limited trading opportunities during that period, and that some rebound may come in the second half of the year.

Bullish

Bearish

BTC and ETH Options Expire on July 24 as BTC Put Call Ratio Falls to 0.89

Live Updates

Trending News

Nigerian Authorities Detain Two Binance Executives, Families Express Concern

币安Launchpool新上架,以太坊再质押协议 ether.fi 是什么，为何Arthur Hayes 钟意这个项目？

比特币突破7.3万美元历史新高后,一度跌破6.9万,这些山寨币也有不同的涨跌幅

Drake Shows Bitcoin Endorsement, Why?

第10周链上数据：上涨空间仍然存在，同时应做好适当风控

PlatON (LAT) Price Prediction 2024, 2025, 2030, 2035 | Is LAT Safe to Buy?

国税厅建立“虚拟资产综合管理系统”... 建设于 2025 年竣工，目标是防止逃税。

Tether Assists U.S. Authorities in Seizing $1.4M from Tech Scam

Court Denies Gemini and Genesis Motion in SEC Case Over Gemini Earn Program

U.S. Authorities Pursue Return of $2.3M Crypto Scam Funds