$3.4B worth of BTC options to expire on November 15

About $3.4 billion worth of BTC options will expire at 08:00 UTC on Nov. 15, according to data from crypto options exchange Deribit. The put/call ratio is 0.84, and the max pain price is $79,500. At the same time on the same day, $581 million worth of ETH options will mature. The put/call ratio is 0.93, and the max pain price is $3,000. 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.