📊👀 #Deribit : About $3 billion in options expire this Friday:

– $BTC Bitcoin:

- par value of options: $1.97 billion;

- put/call ratio: 0.84;

- maximum number of pain points: $60,000

– $ETH Ethereum:

- par value of options: $1.106 billion;

- put/call ratio: 0.63;

- maximum number of pain points: $2950

Also BTC call options are concentrated at a strike price of $70,000 ahead of the end of the week on Friday and the expiration at the end of the month.

Head of Derivatives at Bitfinex:

The skew in put-call options ahead of the BTC options expiration on Friday and at the end of the month is bullish indicator for the market.