Billions in Bitcoin Options Set to Expire Friday in Quarterly Settlement
A large quarterly options settlement covering bitcoin and ether arrives Friday, with a book that traders describe as heavy on call positions.
AfroEuropa Newsroom
AfroEuropa desk
A substantial quarterly options settlement is scheduled for Friday, covering both bitcoin and ether, according to reporting from CoinDesk and Decrypt.
CoinDesk reported that nearly $18 billion in combined bitcoin and ether options are due to expire, an event that could influence dealer hedging activity and short-term price volatility. It described the bitcoin portion of the settlement at around $16 billion and characterised the book as call-heavy.
Decrypt put the value of expiring bitcoin options at $15.6 billion. Citing strike-by-strike data from the Deribit exchange, it noted that the book was weighted toward call positions, with one particular price level attracting hedging pressure from both sides of the market.
The two outlets present slightly different figures for the bitcoin component of the expiry, with CoinDesk citing roughly $16 billion and Decrypt citing $15.6 billion.
Keep reading
Crypto PACs Look to 2028 After Democratic Midterm Sweep Clouds Legislation
Crypto super PACs spent over $176 million on the US midterms, but Democratic control of Congress raises the prospect of tighter industry scrutiny and stalled legislation.
Other highlights
Samsung UK Cuts Galaxy S26 Prices by £250 for Black Friday
Samsung UK has launched a Black Friday campaign reducing prices on several premium Galaxy devices, with phone discounts and trade-in bonuses available.
Follow the story
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe in one sharp email each morning. No spam, unsubscribe anytime.
