Bitcoin options expiry leaves $70,000 bet worthless
July 31, 2026
The quarter’s largest monthly settlement cleared with bitcoin near $64,800, about 8% below the strike holding the most open interest.
The quarter’s largest monthly settlement cleared with bitcoin near $64,800, about 8% below the strike holding the most open interest.
Deribit call spreads expiring July 31 need a 12% climb two days after the Fed’s rate decision, while US spot demand sits at a record low.
The largest quarterly settlement of 2026 cleared with about 80% of bitcoin contracts worthless as spot held below $59,000.