tl;dr
Around 29,000 Bitcoin options contracts, with a notional value of approximately $2.84 billion, are set to expire on Friday, Nov. 22. This week's contracts have a put/call ratio of 1.1, indicating slightly more short (put) contracts expiring than long (calls). The max pain point is $86,000, below the...
Bitcoin Options Contracts Set to Expire with Notional Value of $2.84 Billion
Around 29,000 Bitcoin options contracts, valued at approximately $2.84 billion, will expire on Nov. 22. This week's put/call ratio is 1.1, indicating more short contracts expiring than long ones. The max pain point is $86,000, below the spot price peak of $99,000. Additionally, approximately 164,000 Ethereum contracts with a notional value of $550 million are set to expire, bringing the total combined crypto options expiry notional value for Friday to around $3.4 billion.
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