Bitcoin options worth $3.67B set to expire today

Bitcoin options with a notional value of $3.67 billion are set to expire at 8:00 a.m. UTC on Dec. 12, according to data from crypto options exchange Deribit. The put/call ratio for the contracts is 1.1, with a max pain price of $90,000. Additionally, Ethereum options worth $770 million will expire at the same time. These options have a put/call ratio of 1.22 and a max pain price of $3,100.