Bitcoin and Ethereum options totaling $10.4 billion in notional value expired today, reflecting bullish sentiment with low put-call ratios.
A total of 149,000 Bitcoin options expired today, carrying a notional value of $9.6 billion and a put-call ratio of 0.28. The maximum strike price reached $64,000, signaling strong bullish positioning among traders.
Ethereum options also saw significant expiry activity, with 435,000 contracts cleared at a notional value of $830 million. The put-call ratio stood at 0.63, with a peak strike price of $1,850, indicating relatively lower bearish bets compared to Bitcoin.
The expiry of these contracts may influence short-term volatility in both BTC and ETH markets as traders adjust positions.