Get Ready for Fireworks: Bitcoin Options Worth $3 Billion Set to Expire on July 4th!
This price level reflects the point where most options, both calls and puts, expire with little to no value, often resulting in the least payout to traders and the highest benefit to sellers. When expiry nears, price action sometimes moves toward this level, especially when it’s within reach. Bitcoin (BTC) is trading at $109,044 as of press time, up 0.2% from the previous day.