$8.8B in Bitcoin and Ethereum Options Expire Friday on Deribit
Around $8.8 billion in crypto options will expire this Friday on Deribit, ChainCatcher reports citing Deribit data. Bitcoin options account for $7.8 billion in notional value, with a put/call ratio of 0.76 and maximum pain at $75,000. Ethereum options total $9.61 billion in notional value, with a put/call ratio of 0.77 and maximum pain at $2,200. Call contracts represent the majority of open interest for both assets, with Bitcoin's notional value significantly larger.