{"id":31660,"date":"2025-06-13T05:31:52","date_gmt":"2025-06-13T05:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31660"},"modified":"2025-06-13T05:31:52","modified_gmt":"2025-06-13T05:31:52","slug":"will-3b-bitcoin-options-cause-even-more-pain-today-in-crypto-markets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31660","title":{"rendered":"Will $3B Bitcoin Options Cause Even More Pain Today in Crypto Markets?"},"content":{"rendered":"
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Around 28,000 Bitcoin options contracts will expire on Friday, June 13, and they have a notional value of roughly $3 billion.<\/p>\n

This event is very similar to last week\u2019s<\/a> options expiry, so the impact on spot markets is likely to be minimal. They have already tanked by more than 7% over the past 24 hours.<\/p>\n

Bitcoin Options Expiry<\/h2>\n

This week\u2019s batch of Bitcoin options contracts has a put\/call ratio of 0.95, meaning that the longs and short sellers are pretty evenly matched. There is also a max pain point of $107,000, around $3,000 above current spot prices, which is where most losses will be made on contract expiry.<\/p>\n

Open interest (OI), or the value or number of BTC options contracts yet to expire, is highest at strike prices between $110,000 and $140,000, with more than $1.5 billion at each price, as bullish speculators remain confident, according<\/a> to Deribit.<\/p>\n

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Options Expiry Alert
\nAt 08:00 UTC tomorrow, over $3.7B in crypto options are set to expire on Deribit.$BTC<\/a>: $3.04B notional | Put-Call: 0.95 | Max Pain: $107K$ETH<\/a>: $687M notional | Put-Call: 1.20 | Max Pain: $2,700<\/p>\n

ETH upside flows are strong heading into expiry.
\nWill\u2026 pic.twitter.com\/kLHnzspiXE<\/a><\/p>\n

\u2014 Deribit (@DeribitOfficial) June 12, 2025<\/a><\/p>\n<\/blockquote>\n