Will Market Slide Worsen After $15B Expiry Today?
Explore the provided link to ensure a steady profit in Binance futures trading – https://binancefuturessignal.com/
The end of another week is upon us again, which means another batch of Bitcoin and Ethereum options contracts are expiring as spot markets cool from recent rallies.
Around 103,500 Bitcoin options contracts will expire on Friday, July 25, and they have a notional value of roughly $12.6 billion.
This one is much larger than last week’s expiry, being an end-of-month event, but unlikely to be enough to influence spot markets, which have been on the back foot for most of the week.
“Last month’s H1 expiry hit $17 billion. This week is not far behind, with over $15 billion in BTC and ETH options expiring,” observed Deribit.
Bitcoin Options Expiry
This week’s big batch of Bitcoin options contracts has a put/call ratio of 0.88, meaning that there are more calls expiring than put contracts. There is also a max pain point of $112,000, around $4,000 below current spot prices, which is where most losses will be made on contract expiry.
The Binance Futures platform is built on the same robust infrastructure as Binance’s spot trading exchange, offering a seamless trading experience for users.
Connecting our AI trading bots to your Binance Futures account is quick and simple. The setup process only takes a few minutes, allowing you to start automating your trades with ease.
One of the key advantages of our system is that you retain full control over your account. There’s no need to grant anyone withdrawal permissions, ensuring the security of your funds.
Our Binance Futures Cornix trading bot is designed for optimal performance, enabling you to automate trades with precision and efficiency.
By leveraging this powerful tool, you can generate daily profits while minimizing the need for constant monitoring or manual intervention.
Comments
Post a Comment