Deribit Asia-Pacific Business Leader: More than $3.6 billion in BTC options will be delivered tomorrow, so you can pay attention to long options

Lin Chen, head of Asia-Pacific business at Deribit, posted on the Tomorrow at 4 o'clock in the afternoon is the monthly delivery of February options, but this delivery is very large. The position of 3.68 billion US dollars will be settled. The biggest pain point is 48,000 US dollars. On the day of settlement, the price will generally drop a bit, and the IV will also drop today and tomorrow. Investors will have the opportunity to add long options on BTC. According to previous news, Deribit data showed that BTC options with a nominal value of more than 3.625 billion US dollars and ETH options contracts with a nominal value of 2.288 billion US dollars will expire and be delivered on Friday (February 23), totaling approximately 5.913 billion US dollars, of which BTC’s biggest pain point price is 47,000 US dollars, the biggest pain point price of ETH is US$24,000.