About 16.6 billion USD worth of Bitcoin and Ethereum options will expire in Q3, with bullish positions dominating

Odaily News: Approximately 16.6 billion USD worth of Bitcoin and Ethereum options positions will expire in Q3 2026. Among them, Bitcoin options have a notional value of approximately 14.73 billion USD, with 186,000 open contracts, a put-to-call ratio of 0.52, and a max pain point of 72,000 USD; Ethereum options have a notional value of approximately 1.92 billion USD, with 756,100 open contracts, a put-to-call ratio of 0.57, and a max pain point of 2,200 USD. Bitcoin call options are mainly concentrated around 70,000 USD, with relatively large open positions also around 85,000 USD, 90,000 USD, and 100,000 USD; Ethereum call options have the highest concentration at 30,000 USD, with approximately 43,000 contracts.