👀 Bitcoin options worth over $9.4B set to expire Friday

Over 134,000 $BTC worth of open interest is set to expire on the Deribit exchange at 8 am UTC on Friday, suggesting a max pain price of $50,000.

💡The max pain price is the strike price with the most open Bitcoin options contracts (puts and calls), at which the given asset would cause financial losses for most option holders at expiration.