Bitcoin and Ethereum Options Expiring Today: Key Insights on BTC and ETH Markets

According to recent data from Greeks.live, a significant expiration event is approaching in the cryptocurrency derivatives market today. Specifically, approximately 21,000 BTC options are due to expire, characterized by a Put Call Ratio of 0.67, which indicates a slightly bullish sentiment. The maximum pain point is estimated at $98,000, with a total notional value hitting $2.08 billion. This could lead to considerable market movements as traders adjust their positions. Furthermore, in tandem, there are 176,000 ETH options also maturing today, showcasing a Put Call Ratio of 0.64 and a maximum pain point at $2,725. The aggregate notional value for these options amounts to $4.7 billion, underscoring the substantial financial stakes involved in this expiry window.