$4.7B in Bitcoin options set to expire today

According to data from crypto options exchange Deribit, Bitcoin options with a notional value of $4.69 billion are set to expire at 8:00 a.m. UTC on Nov. 7. The put/call ratio for this batch is 0.81, with a max pain price of $108,000. Additionally, Ethereum options worth $700 million will expire at the same time. These have a put/call ratio of 0.95 and a max pain price of $3,650.