Deribit Asia-Pacific Executive: This Friday Marks the Largest Ever Bitcoin Options Expiry, with Open Interest Valued at Nearly $9.5 Billion

According to Lin, the Asia-Pacific Business Manager of the cryptocurrency options exchange Deribit, this Friday (29th) will witness the largest Bitcoin (BTC) options expiration in history, with a notional value of $9.45 billion and a put-to-call ratio of 0.82. The maximum pain point is at $50,000. Lin added that the data for this maximum pain point has become distorted due to the significant surge in the past few months.