$2.65B in Bitcoin options set to expire today

According to data from the crypto options exchange Deribit, Bitcoin options worth $2.65 billion are set to expire at 8:00 a.m. UTC on Dec. 19. The put/call ratio for this batch is 0.77, with a max pain price of $88,000. At the same time, Ethereum options valued at $460 million will also expire. These options have a put/call ratio of 1.06 and a max pain price of $3,100.