What to expect from Ethereum options expiry on June 25?

On June 25, Ether ( ETH) will face its largest options expiry in 2021 as $1.5 billion worth of open interest will be settled. This figure is 30% larger than March's 26 expiry, which took place as Ether price plunged 17% in 5 days and bottomed near $1,550.

How big is the value of the ETH expiry in June?

The total ETH expiry in June is currently valued at $3.6 billion. It is also important to note that the aforementioned expiry is ~33% larger than the one that took place on 26 March.

What will happen to ETH contracts on June 25th?

On June 25th, over 600,000 ETH contracts holding 45% of ETH’s total volume in open interest will expire. A large quantity of these contracts are “ call options ”, which are contracts that allow somebody to buy an asset at an agreed-upon price prior to a certain date.

What happens to options on June 25th?

There are also a lot of “ put options ” expiring on June 25th– these are contracts that allow somebody to sell an asset at an agreed-upon price prior to a certain date. They are generally a bearish sign, as opposed to call options, which are generally bullish.