Coinbase Markets said in a post on X that 35% of open interest in Bitcoin options on Deribit is concentrated in contracts expiring on Oct. 30. The largest strike-price clusters are at $95,000, $90,000, and $100,000. At the time of the post, spot Bitcoin was trading at $82,973, while the max pain reference level stood at $78,000. The update points to a sizable share of outstanding options positioning gathering around a single expiry date, with open interest also concentrated at several higher strike levels. The figures cited in the post were attributed to Coinbase Markets.
Coinbase Markets said in a post on X that 35% of open interest in Bitcoin options on Deribit is concentrated in contracts expiring on Oct. 30.
According to the post, the biggest strike-price clusters are at $95,000, $90,000, and $100,000. At the time it was published, spot Bitcoin was at $82,973, while the max pain reference price was $78,000.
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