Bitcoin options expiry worth $9.5B and its impact on prices

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Another Friday has arrived, and a huge batch of Bitcoin options are set to expire as the asset starts to recover from its correction.  

Approximately 98,500 Bitcoin options contracts will expire on Friday, Nov. 29, in a large end-of-month expiry event.

They have a notional value of $9.48 billion, which is more than triple that of last week’s expiry. However, it is still likely to be eclipsed by the end of December’s year-end event.


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