According to PANews, Deribit's Asia-Pacific head, Lin Chen, announced that Bitcoin (BTC) and Ethereum (ETH) options for April are set to expire this Friday, April 25, at 4 p.m. (UTC+8). At the time of expiration, BTC will see $7.2 billion in open interest expire, with a current put/call ratio of 0.73. The maximum pain point is at $85,000, while the current price stands at $92,735, indicating a significant victory for call option buyers.
In parallel, ETH will have $800 million in open interest expiring, also with a put/call ratio of 0.73. The maximum pain point for ETH is $1,900, with the current price at $1,769, suggesting a slight advantage for put option buyers.
