Bitcoin Options Worth $2.22 Billion Expire Today

Crypto options exchange Deribit reports that $221.86 million worth of Bitcoin options will expire on September 11 at 5 PM KST. The put/call ratio stands at 0.61, with the max pain price (the price point where most option buyers lose premium) set at $78,000. Additionally, $27.737 million worth of Ethereum options will expire simultaneously, with a put/call ratio of 1.16 and a max pain price of $2,450.