$9.4B worth of BTC options to expire on November 29

About $9.4 billion worth of BTC options will expire at 08:00 UTC on Nov. 29, according to an X post by crypto options exchange Deribit. The put/call ratio is 0.83, and the max pain price is $80,000. At the same time on the same day, $1.45 billion worth of ETH options will mature. The put/call ratio is 0.73, and the max pain price is $2,900. 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.