Bitcoin options worth $9.3B to expire today

According to data from crypto options exchange Deribit, Bitcoin options worth $9.28 billion are set to expire at 8:00 a.m. UTC today. The put/call ratio is 0.69, and the max pain price—the level at which the largest number of option buyers would lose their premiums—is $71,000. Additionally, Ethereum options valued at $1.57 billion will also expire at the same time. The put/call ratio for these options is 0.51, with a max pain price of $2,000.