Bitcoin options contracts with a notational value worth $1 billion will expire on Friday across several derivatives exchanges. Observers anticipate the record expiration to wake Bitcoin’s volatility out of its three-months long slumber. Traders have concentrated their options strike price between $9,000 and $11,000, leaving spot Bitcoin with a conflicted directional bias. About 114,700 Bitcoin options contracts with a notional value worth over $1 billion will expire today. Meanwhile, the highest-to-date expiration has left traders […]
