BTC options worth $14.9B to expire on June 27

Nearly $14.9 billion worth of Bitcoin (BTC) options are set to expire at 08:00 UTC on June 27, according to data from crypto options exchange Deribit. The put/call ratio stands at 0.75, and the max pain price is $102,000. At the same time on the same day, around $2.3 billion in Ethereum (ETH) options will mature. The put/call ratio is 0.52, and the max pain price is $2,200. 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.