options

$6.4 Billion in Bitcoin Options Expire Tomorrow—Here's What It Means

In brief About 81,700 Bitcoin options worth $6.44 billion expire on Deribit at 08:00 UTC Friday, split between 44,639 calls and 37,061 puts for a put-to-call ratio of 0.83. Deribit's max pain level sits between $68,000 and $70,000, roughly $9,000 to $11,000 below Bitcoin's price near $79,000.