Bitcoin (BTC) and Ethereum (ETH) are preparing for billions of dollars maturity at noon today.
Greeks Live shared critical option data for Bitcoin and Ethereum on April 5th. It was stated in the post that an option with a maturity date of April 5th for 18,000 BTC is about to end with a nominal value of 1.2 billion dollars. It was emphasized that these options have a 0.64 Put Call ratio and its maximum level is also indicated as 68,000 dollars.
In addition, it was indicated that an option for 270,000 ETH with a maturity date of April 5th is about to end with a nominal value of 890 million dollars. These Ethereum options have a 0.38 Put Call ratio and indicate a maximum pain level of 3,400 dollars.
Major investors may try to pull the price to the max pain point in order to maximize losses for option buyers and gains for sellers against small investors.
