Bitcoin’s quarterly options settlement is due on Friday, with roughly $16 billion in bitcoin contracts set to expire, according to CoinDesk. Across bitcoin and ether, the total options expiry is nearly $18 billion. The size of the event could influence dealer hedging activity and short-term volatility in crypto markets. The bitcoin options book is described as call-heavy, indicating that call contracts make up a significant share of the expiring positions. As the contracts reach expiry, market participants will monitor whether related hedging flows affect bitcoin and broader digital-asset trading conditions. The settlement is one of the largest scheduled options events highlighted in the report, although the supplied information does not specify expected price direction or the precise distribution of positions across strike levels.
