$6.25 billion Bitcoin options set to expire, traders heavily concentrate on $82,000 call options

Odaily Planet Daily News Approximately $6.25 billion worth of Bitcoin options contracts are set to expire on May 29, drawing market attention. Among them, the $75,000 strike price has concentrated the largest put positions with a notional value of about $394 million, while the $80,000 strike price holds the largest call positions worth approximately $532 million. The current Max Pain price stands at $75,000, about 3% lower than Bitcoin's current price of $77,250. Data shows that this expiration involves a total of 80,535 contracts, including 43,184 call options and 37,351 put options, with a Put/Call Ratio of 0.86, reflecting an overall mildly bullish market sentiment. (CoinDesk)