Bitcoin's $16 billion quarterly options settlement arrives with a 'call-heavy' book

Nearly $18 billion in bitcoin and ether options will expire on Friday, potentially reshaping dealer hedging flows and short-term volatility

OttoTrader publishedSep 23, 2026, 1:38 PM

Original source timeSep 23, 2026, 1:02 PM

UpdatedSep 23, 2026, 1:38 PM

Source publicationCoinDesk

Open source article Back to Market Pulse

Brief context

The part worth checking first.

What changed

The setup

Nearly $18 billion in bitcoin and ether options will expire on Friday, potentially reshaping dealer hedging flows and short-term volatility Bitcoin's $16 billion quarterly options settlement arrives with a 'call-heavy' book

Why it matters

Trader relevance

Market context around BTC can change volatility, liquidity, or sentiment. The concrete detail to watch is nearly $18 billion in bitcoin and ether options will expire on Friday, potentially reshaping dealer hedging flows and short-term volatility

Trading lens

How to use it

Use this as watchful context from coindesk.com. Watch whether bitcoin's $16 billion quarterly options settlement arrives with a 'call-heavy' book confirms momentum, invalidates active bias, or changes timing.

Assets

BTC

Source: CoinDesk on coindesk.com.

Original Source

Read the source article when you need the full picture.

OttoTrader Market Pulse gives you a fast trading-focused summary. The source publication remains the full article, so open it when you need quotes, details, or broader background.

Open original source