On April 18th, COINOTAG News reports that a significant event is underway in the cryptocurrency market, as approximately 23,000 BTC options are poised for expiration today. The current Put Call Ratio stands at 0.96, with a max pain price calculated at $82,000. The notional value of these options reaches an impressive $1.97 billion, indicating heightened market activity. Additionally, 177,000 ETH options will also expire, exhibiting a Put Call Ratio of 0.84 and a max pain price of $1600. This segment has a notional value of $280 million, reinforcing the substantial interest in Ethereum derivatives. Investors and traders should monitor these expirations closely as they could influence market dynamics and pricing in the upcoming sessions.
Source: https://en.coinotag.com/breakingnews/market-alert-23000-btc-options-set-to-expire-today-amid-1-97-billion-notional-value/