There are 18,800 Bitcoin options contracts expiring on Friday, October 11, with a notional value of around $1.1 billion. Bitcoin options expiring this week have a put/call ratio of 0.91 and a maximum pain point of $62,000. There are also 212,000 Ethereum options expiring, bringing the total crypto options to $1.6 billion this week. 📉
Market Outlook: Spot markets are down this week, with total market value down to $2.21 trillion. However, this slowdown could create new trading opportunities. 🚀