$ETH
At a price of $100,000, which is much higher than the current spot price of around $103,800, lies the maximum pain point, or the price at which most options lose their value. This indicates that most traders were targeting a higher price but are now below the market price. On a smaller scale, the expiration period for Ethereum followed a similar pattern. Approximately 220,000 Ethereum options expired, with a notional value of $570 million. With a maximum pain point of $2,300, the sell/buy ratio was more pessimistic at 1.36.
