According to BlockBeats, BTC options with a nominal value of $1.26 billion are set to expire tomorrow. The Put Call Ratio for these options stands at 0.46, with the maximum pain point being $67,000.
In addition, ETH options worth $700 million are also due to expire tomorrow. The Put Call Ratio for these options is 0.32, with the maximum pain point at $3,500.
The expiration of these options could potentially impact the market, depending on the positions of the traders and the market conditions at the time of expiration. The Put Call Ratio is a significant indicator of the market sentiment towards a particular asset. A lower ratio suggests that call options (bullish bets) outnumber put options (bearish bets).
The 'maximum pain point' refers to the price at which options (both calls and puts) would cause the maximum financial loss for option holders at expiration. For BTC, this price is $67,000 and for ETH, it is $3,500.
It is important to note that the expiration of these options does not necessarily mean a significant move in the price of the underlying assets. The impact largely depends on the market conditions and the positions of the traders at the time of expiration.