Bitcoin Puts Dominate $14.6B Options Expiry
Over $14.6 billion in bitcoin and ether options will expire Friday on Deribit, the world’s largest crypto options exchange.
BTC open interest is heavily skewed toward puts, with 48,961 contracts concentrated between $108,000 and $112,000 strikes, while call interest clusters above $120,000. ETH positioning is more balanced, with 393,534 calls against 291,128 puts.
Max pain levels are $116,000 for BTC and $3,800 for ETH.
