Bitcoin options worth $3.5B to expire today

Bitcoin options with a notional value of $3.52 billion are set to expire at 8:00 a.m. UTC on Nov. 21, according to data from crypto options exchange Deribit. These contracts have a put/call ratio of 0.59 and a max pain price of $99,000. Additionally, Ethereum options worth $520 million will expire at the same time, featuring a put/call ratio of 0.73 and a max pain price of $3,200.