Greeks.live: 31,000 BTC options and 241,000 ETH options are set to expire, with a delivery volume of approximately 10% of the total open interest



According to news from Hash World Chain, as of June 6, a total of 31,000 Bitcoin (BTC) options contracts are set to expire, with a put-call ratio of 0.71, and the maximum pain point is at $105,000, representing a notional value of $3.18 billion. Additionally, the number of Ethereum (ETH) options expiring is 241,000, with a put-call ratio of 0.63, and the maximum pain point is at $2,575, with a notional value reaching $590 million. This period's options delivery volume accounts for about 10% of the total open interest. After several weeks of decline, the market has rebounded, with multiple large orders activating market activity. Overall, while crypto institutions have a low expectation for a rapid short-term rise in Bitcoin, they are more inclined towards a moderate long-term increase. Furthermore, the market has shown volatility for most of this week, but due to the public conflict between Trump and Musk, Tesla's stock price has plummeted, causing a significant pullback in both the US stock market and the crypto market.