Deribit: Approximately $2.22 billion worth of Bitcoin and Ethereum options will expire this Friday

PANews January 8th News, according to Deribit official announcement, a total notional value of approximately $2.22 billion in Bitcoin and Ethereum options will expire this Friday. Among them, Bitcoin options have a notional value of $1.84 billion, with a Put/Call ratio of 1.05, and the maximum pain point at $90,000. The open interest of Bitcoin contracts is related to the spot price range, with a large number of put options positions below $85,000, and call options positions gradually increasing in the $90,000 to $100,000 range, forming an “indifference risk” near the maximum pain point at $90,000. Ethereum options have a notional value of $384 million, with a Put/Call ratio of 0.89, and the maximum pain point at $3,100. Ethereum call options positions are concentrated above $3,000. If the spot price remains above the maximum pain point, the positioning after options expiration may make market makers more sensitive to continued upward price movement.