BTC options worth $2.59B to expire on May 2

$2.59 billion worth of Bitcoin options are set to expire at 08:00 UTC on May 2, according to data from crypto options exchange Deribit. The put/call ratio is 1.01, and the max pain price is $91,000. At the same time on the same day, around $339 million worth of ETH options will mature. The put/call ratio is 0.92, and the max pain price is $1,800. 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.