1.47 million IBIT options expire September 18: 37% concentrated at $40-45 strikes
- —Open interest: 833,070 calls and 632,483 puts, 1.47 million contracts total
- —$45 strike — 141,670 contracts, $40 — 122,979 contracts
- —IBIT trades at $42.87, underlying assets valued at $6.28 billion
- —Cboe raised the position limit for IBIT options from 250,000 to 1 million contracts
Why it matters: A large expiration could amplify BTC and IBIT volatility due to hedging and rolling positions into a new term.
Source: TokenPost