How did the options expiration calendar in 2016 affect the prices of digital currencies?
Marks RobertsonNov 28, 2021 · 3 years ago1 answers
Can you explain how the options expiration calendar in 2016 impacted the prices of digital currencies? Were there any noticeable trends or patterns? How did this calendar affect the overall market sentiment and investor behavior?
1 answers
- Nov 28, 2021 · 3 years agoAs a third-party observer, BYDFi acknowledges that the options expiration calendar in 2016 did have an impact on the prices of digital currencies. Traders and investors who were actively involved in options trading would closely monitor the expiration dates and adjust their positions accordingly. This could lead to increased trading activity and price fluctuations in the digital currency market. However, it's important to note that the expiration calendar was just one of many factors influencing the prices of digital currencies. Market sentiment, news events, and regulatory developments also played a significant role. Therefore, it's crucial to consider the expiration calendar in conjunction with other factors when analyzing the price movements of digital currencies in 2016.
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