25,000 BTC Options and 202,000 ETH Options are about to expire, with a total notional value of $3.38 billion.

PANews reported on May 23 that according to Greeks.live data, 25,000 BTC options and 202,000 ETH options will expire on May 23, with the biggest pain point prices of $104,000 and $2,450 respectively, with a total notional value of $2.81 billion and $570 million. The Put Call Ratio is 1.22 and 1.26, respectively. Despite Bitcoin's all-time high this week, the options market reacted mutedly, with deliveries of less than 8% of total holdings, indicating that crypto institutions have moderate expectations for the market outlook.

BTC-0.68%
ETH-3.8%
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