Large scale options expire tomorrow. Where will the price of BTC go? On October 30 at 08:00 UTC, Bitcoin options will expire for $10.83 billion, and Ethereum for an additional $776.5 million. And there are two levels worth keeping an eye on: Maximum pain from BTC – $78,000 Maximum pain from ETH – $2,450 * Maximum pain is the level where the total payout for options will be the smallest. Therefore, before expiration, it attracts the attention of traders, although in itself it does not guarantee price movement to this level. How to play on it through Polymarket? BTC up to $77,500.
The probability of touching a level is estimated at 14%. A Yes share costs $0.14 - if you succeed, the payment will be $1 per share, which means approximately +614% profit without commissions. ETH up to $2,400.
The market estimates this scenario at 31%. Yes stock is worth $0.31, representing a potential return of about 223%+ if successful. We remind you that when you place a bet, there is no need to wait for it to be 100% realized and you can sell contracts in advance after the expiration date. Check out this incorrect pricing on Polymarket (using a VPN if necessary).