Deribit said roughly $2.325 billion worth of Bitcoin and Ethereum options are due to expire at 16:00 Beijing time on Friday. The Bitcoin tranche carries a notional value of about $2 billion, with a put-to-call ratio of 0.26 and a max pain point at $63,500. Ethereum options account for about $325 million in notional value, with a put-to-call ratio of 0.73 and a max pain point at $1,800. The figures outline the size and positioning of the contracts scheduled to roll off today, based on data cited by Deribit. No further market impact details were provided in the source note.
Deribit said about $2.325 billion in Bitcoin and Ethereum options will expire at 16:00 Beijing time on Friday.
Of that total, BTC options account for about $2 billion in notional value, with a put-to-call ratio of 0.26 and a max pain point of $63,500. ETH options make up about $325 million in notional value, with a put-to-call ratio of 0.73 and a max pain point of $1,800.
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