🚨 $15B Bitcoin Options Expire Today – Volatility Incoming? 🔥
Bitcoin surged from $100K to over $108K this week, fueled by geopolitical news of a ceasefire between Israel and Iran. But as we hit Friday, the market is bracing for major options expirations that could shake things up.
🧨 Today’s Key Expiries – June 27
• $15B in BTC options • $2.29B in ETH options
• BTC Put/Call Ratio: 0.75
• ETH Put/Call Ratio: 0.52
• BTC Max Pain: $102K
• ETH Max Pain: $2,200
📊 What’s the Game Plan? While $BTC hovers around $107K, the max pain point sits far below – meaning most traders are in profit. That could trigger:
✅ Profit-taking
⚠️ Short-term selling pressure
📈 Price swings as expiry hits
According to Deribit’s Lin Chen, the rise in put options isn’t just bearish – it’s strategic. Traders are hedging downside risk or hunting premium opportunities in case of a dip.
🎯 Watch out for volatility as whales and institutions may try to push price toward the max pain zones.
🔍 Stay sharp. This Friday isn't just any Friday – it's monthly options expiry day with big money on the table. Volatility = Opportunity.