Bitcoin options worth $2B to expire today

According to crypto options exchange Deribit, Bitcoin options worth $2 billion are set to expire at 8:00 a.m. UTC on Feb. 20. The put/call ratio is 0.58, and the max pain price—the point at which the most option buyers would lose their premiums—is $70,000. Additionally, Ethereum options valued at $410 million will expire at the same time. For ETH, the put/call ratio is 0.73, with a max pain price of $2,025.