Back

Bitcoin options (financial derivatives contracts) 'max pain' (most losses level) nears $90,000 — post cites $8.65B bear risk

According to a post by @andjelaradmilac, Bitcoin options (financial derivatives contracts) 'max pain' (price where most options expire worthless) is near $90,000, implying up to $8.65 billion at risk for bears at expiry (contracts settlement date).

BTC

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Max pain: The options market price level where the largest number of option contracts would expire worthless, causing the most aggregate losses to holders.
  • Options: Financial derivatives giving the right, not obligation, to buy or sell an asset by a set date and price; widely used on crypto assets.
  • Expiry: The settlement date when options contracts cease to trade and are exercised, assigned, or expire worthless.