The 73,600 bitcoin options will expire for delivery on July 29

07/21 09:06

Coinglass data show that 73,600 options on BTC and 675,000 ETH will take delivery on July 29. Among them, BTC open short interest 33,500 BTC, open long interest 40,000 BTC, the maximum pain point price of $23,500; ETH open short interest is 268,200 ETH and open long interest is 406,800 ETH, with a maximum pain point price of $1,350. Maximum PAIN point: Assuming that all positions in the market are sold by large individuals, the most favorable settlement price for large individuals is the price at which the "market intrinsic value" is lowest. Broadly speaking, the market will move in the direction of most people's pain, so as to maximize the interests of the main force.
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