$1.9B in Bitcoin options to expire today

Bitcoin options with a notional value of $1.92 billion are set to expire at 8:00 a.m. UTC today, June 19, according to data from crypto options exchange Deribit. The put/call ratio stands at 0.78, with a max pain price—the level at which the most option holders would see their contracts expire worthless—of $65,000. At the same time, $234 million in Ethereum options will also expire. The put/call ratio for ETH is 1.04, and its max pain price is $1,725.