A Sneak Peek at This Week's Big Events (10/28-11/3) This week is a big macro week, Friday's non-farm payrolls and unemployment data is worth paying attention to, the last important economic data before the election, the Fed officials almost no speech arrangements this week. The election is gradually approaching, the market's attention to this election is lower...
63,000 BTC options expired with a Put Call Ratio of 0.66, a Maxpain point of $64,000 and a notional value of $4.26 billion. 403,000 ETH options expired with a Put Call Ratio of 0.97, a Maxpain point of $2,600 and a notional value of $1.02 billion. Today is the monthly cryptocurrency delivery, with Bitcoin oscillating high and one step away from new highs, while...
October monthly expiry is just around the corner and in general October has been less than expected, with the upcoming election and interest rate cuts not bringing much positive news or inflows to cryptocurrencies. The IV for the election week stayed at 55%, while earlier options were affected by the move to the moon and the IV was significantly lower, while there...
This weekend crypto options block trading of $550 million, costing $4.4 million, was among the more active trading over the weekend. The market is mildly rising and market sentiment is very optimistic, with both BTC and ETH prices currently oscillating near their recent highs, and an increasing number of traders believing a breakout is imminent. The election is...
11,000 BTC options expired with a Put Call Ratio of 0.78, a maximum pain point of $64,000 and a notional value of $1.26 billion. 138,000 ETH options expired with a Put Call Ratio of 0.61, a maximum pain of $2,500 and a notional value of $360 million. While Bitcoin has rallied significantly this week, Ether's rally has been more feeble, with Ether options expiry...
The US election is getting closer, with all statistical sources showing Trump leading the race, but there is still a large amount of uncertainty surrounding the US election. Datalab options data shows that the flat option IV for BTC is 57% for the election week, compared to only 47% for the week before the election, with the market giving a 10% IV spread for the...
This weekend's Block options trading was concentrated in BTC, mainly in calendar spreads, and the trading was not considered active, belonging to the normal volume of the weekend. There is a calendar spread is very peculiar, buy 12OCT24-60000-C IV as high as 495%, that is to say, at a price of 0.0434BTC a piece of the option itself worth 0.004BTC, and bought...
This week there is still an intensive voice of the Fed officials, but the market has been more unified on the expectations of the next interest rate cut, the impact of this information on the market is limited. The election is gradually approaching, the market needs more information about the election to make a choice, the current polls show Harris support is 2%...
18,000 BTC options are expiring with a Put Call Ratio of 0.91, Maxpain point of $62,000 and notional value of $1.1 billion. 212,000 ETH options are about to expire with a Put Call Ratio of 0.4, Maxpain point of $2,450 and notional value of $510 million. With crypto continuing to weaken and the key $60,000 level now hotly contested, and ETH near the long-term...
The US CPI for September released today came in at a slightly higher than expected annual rate of 2.4%, but already at the lowest level of the year, with little reaction from major investment prices. With the various macro data out this week and the end of the Fed's many officials' speeches, the market is now 82% expecting a 25Bp rate cut on 8 November, 18%...
The HBO documentary ‘Who is Satoshi Nakamoto?’ is set to be released later, and leaked footage now hints that Bitcoin core developer Peter Todd could be Satoshi Nakamoto. The crypto market has been relatively flat recently, with investor attention being diverted to other investments. Btc has always been known for its volatility, but since October it has clearly...
US economic data for October was strong and market expectations for the Fed rate meeting on 8 November fell significantly. Currently, based on the price of 30-day federal funds futures, the market's expected probability of the next rate cut of 25Bp is 85%, and the expected probability of no rate cut is 15%, this data is significantly lower than last...
The most important macro data this week is Thursday's CPI data, but of even greater concern is the concentration of Fed officials speaking out this week. Basically every day there are more than four speeches by Fed officials, and these speeches have a very obvious expected moderating effect on the future expectations of the Fed's rate cuts. Now the market for the...
89,000 BTC options are about to expire with a Put Call Ratio of 0.64, a Maxpain point of $59,000 and a notional value of $5.8 billion. 718,000 ETH options are about to expire with a Put Call Ratio of 0.47, a Maxpain point of $2,500 and a notional value of $1.9 billion. Today is the third quarter delivery day and crypto has rallied strongly in the last three weeks,...
Quarterly delivery is coming up this Friday and IVs are down significantly in all major terms. This is a relatively small quarterly delivery, with BTC's options position at 33% of total holdings this quarter and ETH's options position at 38% of total holdings this quarter. There have been a large number of Block put option deals recently, and the odds are that...
With the current rally gradually slowing down, options implied volatility has declined slightly across all major terms, with short-term BTC IV currently around 45% and long- term ATM IV also generally below 60%, and short-term ETH IV around 54% and long- term ATM IV near 67%. On the block trade side, there were more Block puts traded today, accounting for nearly a...
Last week's Fed interest rate meeting decided to cut interest rates by 50 basis points, the crypto market was encouraged by the significant rise, and this week a number of Fed governors spoke intensively, the wind of the speech is worth paying attention to. Token2049 came to an end, the crypto project did not appear too much new information, the market reaction...
20,200 BTC options are about to expire with a Put Call Ratio of 0.86, a Maxpain point of $59,000 and a notional value of $1.28 billion. 125,000 ETH options are due to expire with a Put Call Ratio of 0.67, a Maxpain point of $2,350 and a notional value of $320 million. The cryptocurrency rally continued this week, as the Fed's final 50 basis point rate cut slightly...