【Annual Large-Scale BTC Options Expiry This Friday】
$23.7 Billion Notional Value Fuels Volatility Expectations: Approximately 300,000 BTC options contracts will expire this Friday, with a notional value of $23.7 billion. Among them, the put options at the strike price of $85,000 and call options at $100,000 hold the most concentrated positions. Coupled with the low-liquidity environment during the Christmas holiday, this event is highly likely to trigger the Gamma effect, which will exacerbate price fluctuations around key levels. Historical data shows that BTC usually experiences a 5%-7% price swing during the Christmas week.
