BTC, ETH Options Expiry Sees $2.1B Notional Value, Put-Call Ratios Mixed

Bitcoin and Ethereum options totaling $2.1 billion in notional value expired, with BTC favoring calls and ETH leaning toward puts. A total of 31,000 BTC options expired with a notional value of $1.9 billion, a put-call ratio of 0.78, and a maximum pain point at $65,000. Th

Bitcoin and Ethereum options totaling $2.1 billion in notional value expired, with BTC favoring calls and ETH leaning toward puts.

A total of 31,000 BTC options expired with a notional value of $1.9 billion, a put-call ratio of 0.78, and a maximum pain point at $65,000. The data suggests a bullish tilt, as call options outnumbered puts.

For Ethereum, 138,000 ETH options expired, carrying a notional value of $230 million, a put-call ratio of 1.03, and a maximum pain point of $1,725. The ratio indicates a slight bearish bias, with puts marginally exceeding calls.

The expiry marks one of the larger monthly options settlements for both assets, reflecting heightened trading activity in derivatives markets.

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