$1.21B in BTC options set to expire today

According to crypto options exchange Deribit, $1.21 billion in Bitcoin options is set to expire at 8:00 a.m. UTC today. The put/call ratio stands at 0.90, and the max pain price, the level where the largest number of options buyers lose their premium, is $64,500. At the same time, $234 million in Ethereum options is also set to expire. The put/call ratio is 1.29, and the max pain price is $1,875.