Deribit: Approximately $2.86 billion in BTC and ETH options will expire today, with BTC's max pain at $79,000

TechFlow news, November 06: According to Deribit's official announcement, approximately $2.86 billion in BTC and ETH options will expire on Deribit at 08:00 UTC on Friday, November 6. BTC options have a notional value of approximately $2.64 billion, a put/call (P/C) ratio of 0.38, and a max pain price of $79,000; open interest is clearly skewed bullish and concentrated near the $82,000 and $85,000 strike prices.

ETH options have a notional value of approximately $224.5 million, a P/C ratio of 1.27, and a max pain price of $2,350; put options dominate, with open interest concentrated mainly near $2,100.

Source: TechFlow