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35% of Deribit's Bitcoin options open interest is set to expire October 30
Crypto Briefing ·
Crypto Briefing reports: About 35% of all Bitcoin options open interest on Deribit is tied to a single date: October 30. That works out to a notional value of approximately $10.7 to $11.3 billion, all scheduled to settle at 08:00 UTC that morning. For context, that makes it the largest single expiry cluster on the platform. It is bigger than the December 25 contracts, which usually get top billing as the holiday blockbuster of the options calendar. The single largest strike concentration is…