$1.6B in BTC, $270M in ETH options expire today

According to crypto options exchange Deribit, Bitcoin options worth $1.594 billion are set to expire at 8:00 a.m. UTC today, June 5. The put/call ratio is 0.55, and the max pain price—the price at which the largest number of options buyers would lose their premiums—is $71,000. Additionally, Ethereum options valued at $269.8 million will expire at the same time. The put/call ratio for these options is 0.93, with a max pain price of $2,000.