$4.73B worth of BTC options expire on May 31

$4.73 billion worth of Bitcoin options are set to expire at 08:00 UTC on May 31, according to data from crypto options exchange Deribit. The put/call ratio is 0.61, and the max pain price is $66,000. At the same time on the same day, around $3.41 billion worth of ETH options will mature. The put/call ratio is 0.85, and the max pain price is $3,300. The max pain price is when the cryptocurrency price settles at a specific value as an option nears its expiration date, resulting in financial losses for the largest number of options traders.