Bitcoin options worth $1.88B to expire today

According to data from the crypto options exchange Deribit, Bitcoin options with a notional value of $1.88 billion are set to expire at 8:00 a.m. UTC on Jan. 9. The put/call ratio for this batch is 1.06, with a max pain price of $90,000. At the same time, Ethereum options worth $390 million will also expire, featuring a put/call ratio of 0.89 and a max pain price of $3,100.