$40K BTC Put Is Now The 2nd-Largest Options Bet Ahead Of Expiry

in #cryptoyesterday

$40K BTC Put Is Now The 2nd-Largest Options Bet Ahead Of Expiry

Nearly $490M In Notional Value Positioned At The $40K Strike For Feb 27 - Serious Demand For Downside Protection.
→ $490M At $40K Put Strike
→ $566M At $75K Max Pain Level
→ Calls Still Outnumber Puts

Big Players Are Hedging Hard Below While Heavy Positioning Sits Above.

If You're Not Watching The Options Market, You're Trading Blind.

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