Bitcoin Options Market Faces Smallest Expiry of Year – But It Could Still Drive Volatility
"Max pain" for the May expiry is $50,000.
The long-term bullish bet is akin to buying a lottery ticket.
The options market is flashing signs of concern about an extended price sell-off.
Bitcoin option's smile shows persistent fears of deeper drop and low expectations for a quick rally.
How do you trade bitcoin now? Carefully.
Bitcoin’s 30-day volatility has been dropping the past two days. So has gold's.