Over $2.2B worth of options for Bitcoin set to expire on May 26

Explore the potential effects of Bitcoin and Ethereum options expiring on May 26, and how this may cause short-term volatility in the crypto market.

James Van Straten
Author
James Van Straten
This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
Make preferred on Google logo

Quick Take

  • Bitcoin has roughly 85,000 options awaiting expiry on May 26, according to Deribit data as of May 23.
  • Bitcoin has a 0.38 Put Call Ratio, whereas the max pain price is $27,000.
  • The Bitcoin contracts up for expiry are valued at around $2.3 billion.
  • Ethereum has a Put Call Ratio of 0.49, with approximately 700,000 options expiring on May 26, according to Deribit data as of May 23.
  • This puts a notional value of just over $1.3 billion, with a max pain price of $1,800.
  • Short-term volatility is expected in the crypto markets.
Options Expiry: (Source: Deribit)
BTC Options Expiry: (Source: Deribit)
ETH options expiry: (Source: Deribit)
ETH options expiry: (Source: Deribit)
Advertise with CryptoSlate
Mentioned in this article
Bitcoin
Analyst View profile
James Van Straten
James Van Straten
Former Lead Analyst CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

Advertise with CryptoSlate
Context

Related coverage

Explore related reporting by asset, place, or topic.

AI Usage Disclosure

CryptoSlate may use AI tools to support research, editing, and production workflows. Published articles remain editorially reviewed by our team. Read our full AI usage disclaimer.

Disclaimer

Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies. For more information, see our company disclaimers.

Bitcoin BTC (24h)
$78,204.49 -1.06%
Market Cap $1.57T
24H Volume $26.2B