BITCOIN OPTIONS: 24,000 BTC EXPIRED, MARKET MOODS ARE OPTIMISTIC
Greenks Live reported that, on 21 August, 24,000 bitcoin options expired, with a subscription rate of 0.84, with a maximum pain point of $67,000 and a nominal value of $1.82 billion. At the same time, 149,000 copies expired with the same rate of subscriptions of 0.84, with a maximum pain point of $2,000 and a nominal value of $360 million. Bitcoin broke by $76,000 this week, breaking two cross-barrel price ranges. This is one of the due dates for this year ' s few settlement prices exceeding the worst point of pain. The monthly rate of volatility (RV) increased by 20 to 53 per cent, while the monthly implied rate (IV) increased by only 6 per cent. The share of options due this week is 6 per cent. The recovery in unsettled contracts is still low, there is a significant surge in transactions and the market is in a wide range of positions. After 10 months of the bear market, where the encrypted currency rebounded substantially, the market was extremely optimistic, and the implicit volatility of the monthly vantage point was still low and was worth buying in the direction。
