#bitcoin "pinned" at $40,000 ahead of options expiry tomorrow

12:39 PM · Jul 29, 2021

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Replying to @skewdotcom
What does this mean?
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It means by tommorrow, price should stay at or around 40k because of how options work and max pain theory… there is the biggest amount of options that wont be executed
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Replying to @skewdotcom
Are the gross notionals? Or, net (long minus short notionals)?
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What can we expect from this @skewdotcom
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Let's expect a super-jump then, shall we? 😆
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Replying to @skewdotcom
By coinbase? Did they buy your service?
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Replying to @skewdotcom
40k Max pain ? be careful guys, I wouldn't go long right now, some places have 35k as the Max pain, not sure where we can get the exact number, anyone know ?
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It's bs anyway. We hit like one max pain expiration in the last 6 months... that's a a 17% win rate. Would you still care about it?
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Calls at 100k? Damn :D
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Lol. I was looking at that
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