Bitcoin and Ethereum Options Worth Over $5B Expire Nov. 7

Bitcoin and Ethereum options valued at over $5 billion are set to expire on Nov. 7, Deribit data show. Bitcoin options have a max pain point near $108,000 with a Put Call Ratio of 0.83, with open interest concentrated around $100,000 puts and $120,000-$125,000 calls. Ethereum options show a max pain point approaching $3,800 with a Put Call Ratio of 0.9, with open interest centered on $3,500 puts and $4,200 calls.