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9.6 billion worth of BTC options expire today. Watch out for volatility!

9.6 billion worth of BTC options expire today. Watch out for volatility!

According to cryptocurrency options exchange Deribit, $9.6 billion worth of bitcoin options will expire at 17:00 UTC on February 2. The put/call ratio is 0.65 and the max pain (the price at which most option buyers lose their premium) is $42,000. At the same time, $5.3 billion worth of Ethereum options expire. The put/call ratio is 0.32 and the maximum pain is $2,300.

blockchain cryptocurrency bitcoin btc option expire  (SpotedCrypto)