That will be a 2k Pump IMO
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Dis gonna be good.
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Strap in!
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are you meaning there will be volatility
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must of the bid above 1$0K
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could someone explain whats going to happen? all open contracts will get closed at once?
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Most of the options are out of the money. So when they expire, they will have to buy them back at a loss. This will liquidate about 1.5 billion usd worth of btc and eth options. Sounds like a short signal. Short to 9100 usd.
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Gotta!
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Isn’t the majority of those option already worthless anyway due to the decay?
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Correct.
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Crypto market total OI: $1.96 billion