Bitcoin Options Expire as Market Soars: BTC Aims for $100,000 Amid Strong Bullish Sentiment

COINOTAG News reports that on November 22, a substantial number of crypto options are set to expire, notably 29,000 BTC options. This market activity is characterized by a Put Call Ratio of 1.1 and a maximum pain point at $86,000, equating to a notional value of $28.4 billion. In contrast, 164,000 ETH options also face expiration today, with a Put Call Ratio of 0.65 and a max pain figure at $3050, yielding a notional value of $5.5 billion. According to researchers at Greeks.live, Bitcoin’s current trajectory is optimistic, with aspirations of reaching the $100,000 threshold, while Ethereum is spearheading a notable recovery in altcoins. U.S. investments into ETFs are noticeably rising, contributing to a vigorous bullish momentum across spot markets. Approximately 8% of positions are expiring this week, leading to heightened implied volatility in ETH major term options, whereas Bitcoin’s stability in at-the-money implied volatility suggests less turbulence ahead, reinforcing a bullish outlook.