$7.5 Billion in Bitcoin and Ethereum Options Expire Today
Bitcoin Ethereum $7.5 Billion in Bitcoin and Ethereum Options Expire Today Max Pain levels stand above current prices in a week marked by significant drops across both leading digital assets globally. What Todays Monthly Options Expiry Means for Bitcoin The monthly options expiry is the most important date of the month, when derivative contracts with the largest accumulated volume settle. Todays session concentrates a significant liquidation in the middle of a market correction. Bitcoin holds 84,112 open contracts with a notional value close to $6.2 billion. The Put/Call Ratio stands at 0.84 in total open interest, with 45,790 calls against 38,322 active puts at closing. That imbalance reflects a slightly bullish bias among active market participants. The strike distribution shows relevant concentration at higher levels, particularly between $80,000-$85,000 dollars during the cycle. Bitcoin Expiring Options. Source: Deribit Bitcoin‘s Max Pain sits at $75,000, clearly above the asset’s current price, which trades around $73,350 after falling 5% throughout the week, according to data from BeInCrypto. The context explains the pressure. Institutional ETF selling has been worth $2 billion since May 14, pulling the price away from the monthly Max Pain level during the hours leading to the close. Ethereum and the Weight of the Monthly Expiry Ethereum shows an equally pressured outlook.