$1 billion in Bitcoin options expire tomorrow. Here’s what that means

[Tnoy30]

The Bitcoin options market is about to see its largest options expiration yet. Should we expect price waves?
A billion dollar batch of Bitcoin options is set to expire tomorrow—and that means a $1 billion question mark on where the price of Bitcoin is headed next, depending on whether traders decide to take their options or walk.
Data from Skew indicates that some 114,000 options contracts from across Bitcoin’s regulated and unregulated derivatives markets are set to expire tomorrow. This could mean Bitcoin’s markets could be in for some volatility starting tomorrow, as traders decide to either sell, buy or cast aside the options they’ve taken out to trade Bitcoin.
Read on: https://decrypt.co/33605/bitcoin-options-billion-expire-what-that-means