Quadruple witching arrives tomorrow as markets brace for potential bitcoin volatility
Bitcoin tended to show muted performance on quadruple witching days in 2025, followed by weakness in the days to weeks after.
Deribit
Bitcoin Options Worth $9B Expire Friday, Traders May be Thankful for the Post-Thanksgiving Volatility
November’s expiry is due Friday at 08:00 UTC, with $9.4 billion in options expiry for bitcoin.
Bitcoin’s max pain price is $78,000, significantly lower than the current spot price.
The majority of the put open interest represent hedging activity and not outright downside bets: European Head of Research at Bitwise – Dragosch.
Bitcoin Futures Smash Through $100K Barrier on Deribit
BTC futures expiring in March, June and September 2025 trade at prices greater than $100,000, according to data source Deribit.
Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show
“It looks like bitcoin options traders appear to be hedging their bets to the downside ahead of the U.S. election this week,” one observer said, noting pricier puts on the CME.
Bitcoin Set for Unusually Busy Weekend After Friday’s Payrolls Data, Volatility Kink Indicates
BTC’s implied volatility curve shows a noticeable kink on Oct. 5, signaling expectations for an unusually volatile Saturday.
U.S. Elections-Linked Bitcoin Options Draw Nearly $350M in Open Interest
Notional open interest in BTC options tied to U.S. elections. (Amberdata)
Ether Put-Call Ratio Hits One-Year High, Hints at Bullish Bias Despite Pause in Rally
The uptick signals a bullish outlook, according to Wintermute.
Return of Animal Spirits? Bitcoin Traders Lock $20M in the $200K Call Option
Bitcoin traders are having a relook at the $200,000 call option after a gap of nearly three years.
Ether Options Out of Sync With Bullish Sentiment on Street
The way ether options are priced suggests investor preference for bets that prices will fall, contradicting the bullish outlook presented by some analysts.
A Record $11B Crypto Options Expiry Looms as BTC Shows Little Volatility
The expiry is Deribit’s largest so far and a record of almost $5 billion of options will expire in the money.