The $6 billion expiration countdown: Traders pile into $82,000 bitcoin (BTC) calls ahead of May 29 expiry
Bitcoin BTC$77,640.65 options worth roughly $6.25 billion are set to expire on Deribit on May 29, with positioning data pointing to $75,000 and $80,000 as the key levels to watch. The $75,000 strike carries the heaviest put concentration at $394 million in notional value, while $80,000 dominates on the call side with $532 million The...
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