Roughly $16.6 billion in Bitcoin and Ethereum options will expire in Q3, with bullish positions dominating

Odaily News: Approximately $16.6 billion in Bitcoin and Ethereum options positions are set to expire in the third quarter of 2026. Of this, Bitcoin options have a notional value of about $14.73 billion, with 186,000 open contracts, a put-to-call ratio of 0.52, and a max pain point of $72,000; Ethereum options have a notional value of about $1.92 billion, with 756,100 open contracts, a put-to-call ratio of 0.57, and a max pain point of $2,200. Bitcoin call options are mainly concentrated around $70,000, with relatively large open interest also near $85,000, $90,000, and $100,000; Ethereum call options show the highest concentration at $30,000, with about 43,000 contracts.