Cryptocurrency Options Market Faces Key Expiry Day

According to the latest data, the Bitcoin and Ethereum options markets are about to experience a significant moment. Deribit platform data shows that a large batch of options contracts will expire tomorrow at 4 PM.

  • The total notional value of BTC options has reached $2.52B, with a put-to-call ratio of 0.76 and a max pain price of $75,000.
  • ETH options have a notional value of $390M, with a put-to-call ratio of 0.93 and a max pain price of $2,200.

This expiry event could have a notable impact on market volatility and price direction, and investors should monitor developments closely.