Deribit: Approximately $2.22 Billion in BTC and ETH Options Set to Expire This Friday

Odaily News Deribit has officially disclosed that Bitcoin and Ethereum options with a total notional value of approximately $2.22 billion are set to expire this Friday. Among these, Ethereum options have a notional value of $384 million, with a Put/Call ratio of 0.89 and a maximum pain point price of $3,100. Ethereum call option open interest is concentrated above $3,000. Bitcoin options have a notional value of $1.84 billion, with a Put/Call ratio of 1.05 and a maximum pain point price of $90,000. Bitcoin's open interest is correlated with the spot price range, with significant put option open interest below $85,000. Call option open interest gradually increases within the $90,000 to $100,000 range, creating a "pin risk" near the $90,000 maximum pain point price.