According to BlockBeats, approximately $4.2 billion worth of Bitcoin options and $1 billion worth of Ethereum options are set to expire this Friday, October 22. Among these, around $682 million in Bitcoin options are 'in the money,' with the majority being call options. This distribution is similar to the previous quarter's expiration scenario.
Currently, the put/call ratio for Bitcoin options stands at 0.62, indicating a generally optimistic market sentiment. The maximum pain price for Bitcoin is $64,000, while its current trading price is approximately $67,000, which is above the maximum pain level. Notably, Ethereum's current trading price is around $2,600, which is exactly at its maximum pain price level.
