Bitcoin and Ethereum Options Expiring Today: What Traders Need to Know

Bitcoin and Ethereum Options Expiring Today: What to Expect for Prices

Bitcoin and Ethereum– Traders are keeping a close eye on the expiry of Bitcoin (BTC) and Ethereum (ETH) options today, as this event has the potential to shape short-term trends. The volume of expiring contracts and their notional value can significantly influence market direction. By analyzing key metrics such as the put-to-call ratios and maximum pain points, traders can gain valuable insights into market sentiment and expectations.

Today, the notional value of expiring Bitcoin options amounts to $2.23 billion. Data from Deribit reveals that 27,657 Bitcoin options are set to expire, with a put-to-call ratio of 0.86. This suggests that there are more buy options (calls) than sell options (puts), which indicates a general bullish sentiment in the market. Furthermore, the maximum pain point for these expiring contracts is $81,000. In crypto options trading, the maximum pain point is the price at which most contracts expire worthless, leading to significant financial losses for holders. The price level where this occurs often influences the market’s short-term movements.

Ethereum Options: Market Dynamics at Play

In addition to Bitcoin options, 183,468 Ethereum contracts are also expiring today, with a total notional value of $283.6 million. These options have a put-to-call ratio of 0.92, slightly more tilted towards puts. The maximum pain point for Ethereum is $1,700, which could result in substantial losses for many option holders if ETH doesn’t reach this level before expiry.

Crypto markets have been facing heightened volatility, largely due to the global trade tensions caused by President Trump’s tariffs. This uncertainty has been impacting both Bitcoin and Ethereum prices. However, Charles Hoskinson, the founder of Cardano, believes that tariffs will have little to no effect on the cryptocurrency market moving forward. According to Hoskinson, tariffs are already factored into the prices, and any future announcements regarding them will be largely ineffective.

Meanwhile, analysts from Deribit observe a shift in crypto options behavior. Short-term price dips are continuing to fuel demand for put options, while call premiums—essentially the cost of buying call options—are losing their value and extending further out on the curve. This suggests that traders are bracing for continued weakness in the short term, with options traders less willing to take on the risk of bullish bets in the immediate future.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.