Bitcoin and Ethereum Options Worth $1.48B Expire Today: What It Means for Markets

BitcoinWorld Bitcoin and Ethereum Options Worth $1.48B Expire Today: What It Means for Markets Deribit data shows that $1.3 billion in Bitcoin options and $180 million in Ethereum options are set to expire at 8:00 a.m. UTC today.

The put-to-call ratio for Bitcoin stands at 0.84, while the max pain price—where the largest number of option buyers would lose their premiums—is $64,000. For Ethereum, the put-to-call ratio is 0.95, with a max pain price of $1,900.

Understanding Options Expiry and Market Impact Options expiry events are closely watched by traders because they can lead to increased volatility and price swings.

The max pain price is the level at which option buyers would experience the greatest financial loss, prompting market makers to potentially drive prices toward that level to minimize their own payouts.