$1.25B worth of BTC options to expire on October 18

About $1.25 billion worth of BTC options will expire at 08:00 UTC on Oct. 18, according to data from crypto options exchange Deribit. The put/call ratio is 0.85, and the max pain price is $64,000. At the same time on the same day, $365 million worth of ETH options will mature. The put/call ratio is 0.62, and the max pain price is $2,500. The max pain price is when the cryptocurrency price settles at a specific value as an option nears its expiration date, resulting in financial losses for the largest number of options traders.