Bitcoin: 30,500 Options Expire at $82K Strike
Bitcoin options data shows 30,500 contracts expired with $2.63B notional and 1.07 put-call ratio as BTC price rebounded near $86,420 on October 2.
SourceAnalysis
Bitcoin options data released by @GreeksLive shows 30,500 contracts expired with a 1.07 put-call ratio, maximum strike at $82,000 and $2.63 billion notional value while 116,000 ETH contracts expired at a 1.17 put-call ratio and $320 million notional. The first weekly expiration after quarterly settlement featured strong call block trading and a sharp rebound in BTC price on the day. With price testing upper Bollinger resistance at $86023.29 while RSI flashes overbought at 70.92, a healthy retracement to the 50-EMA support at $83933.77 seems probable before further continuation above the $85K zone where sentiment has stayed constructive for over a week. Institutional desks note implied volatility sits at cycle lows, reducing premium costs for directional bets and supporting the current bullish EMA structure above the 200-period level at $80235.46. Traders tracking BTC price prediction models and crypto volatility analysis now focus on the $90K GEX peak as the next magnet once the post-expiration digestion completes.
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