$3.4B in BTC options to expire today

Bitcoin options with a notional value of $3.4 billion are set to expire at 8:00 a.m. UTC today, Dec. 5, according to data from the crypto options exchange Deribit. The put/call ratio for this batch is 0.91, with a max pain price of $91,000. Additionally, Ethereum options worth $660 million will expire at the same time. These options have a put/call ratio of 0.78 and a max pain price of $3,050.