Approximately $2.51 billion worth of crypto options set to expire today, Bitcoin's key pain point at $66,000
BlockBeats News, June 12, about $25.1 billion worth of cryptocurrency options are set to expire today, including:
The Bitcoin options have a notional value of $22.3 billion, a put/call ratio of 0.68, and a max pain price of $66,000;
The Ethereum options have a notional value of $2.91 billion, a put/call ratio of 0.62, and a max pain price of $1,750.
Despite recent market volatility, the positions for both assets still tilt towards call options, with Bitcoin and Ethereum trading above their respective max pain prices before expiry, and the put/call ratio below 1.0.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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