$2.4B in BTC and $430M in ETH options expire today

According to data from crypto options exchange Deribit, Bitcoin options with a notional value of $2.4 billion are set to expire at 8:00 a.m. UTC on Jan. 16. The contracts have a put/call ratio of 1.25 and a max pain price of $92,000. Additionally, Ethereum options worth $430 million will expire at the same time, featuring a put/call ratio of 0.98 and a max pain price of $3,200.