BTC options worth nearly $3.57B to expire on June 20

Nearly $3.57 billion worth of Bitcoin (BTC) options are set to expire at 08:00 UTC on June 20, according to data from crypto options exchange Deribit. The put/call ratio is 1.01, and the max pain price is $105,000. At the same time on the same day, around $567 million worth of Ethereum (ETH) options will mature. The put/call ratio is 0.69, and the max pain price is $2,600. 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.