Data: Approximately $2.22 billion worth of Bitcoin and Ethereum options will expire this Friday

According to market news, this Friday, there will be Bitcoin and Ethereum options with a nominal value totaling approximately $2.22 billion expiring. Among them, the nominal value of Bitcoin options reaches $1.84 billion, with a Put/Call ratio of 1.05 and a maximum pain price of $90,000. The open interest of Bitcoin is associated with the spot price range, with a large number of put options positions below $85,000, while call options positions in the range of $90,000 to $100,000 are gradually increasing, forming a "pin risk" near the maximum pain price of $90,000.

The nominal value of Ethereum options is $384 million, with a Put/Call ratio of 0.89 and a maximum pain price of $3,100. Ethereum call options positions are concentrated above $3,000. If the spot price remains above the maximum pain price, the positioning after the options expiration may make market makers more sensitive to the continuation of upward price trends.