Insights

Over $2.2B worth of options for Bitcoin set to expire on May 26

Quick Take

  • Bitcoin has roughly 85,000 options awaiting expiry on May 26, according to Deribit data as of May 23.
  • Bitcoin has a 0.38 Put Call Ratio, whereas the max pain price is $27,000.
  • The Bitcoin contracts up for expiry are valued at around $2.3 billion.
  • Ethereum has a Put Call Ratio of 0.49, with approximately 700,000 options expiring on May 26, according to Deribit data as of May 23.
  • This puts a notional value of just over $1.3 billion, with a max pain price of $1,800.
  • Short-term volatility is expected in the crypto markets.
Options Expiry: (Source: Deribit)
BTC Options Expiry: (Source: Deribit)
ETH options expiry: (Source: Deribit)
ETH options expiry: (Source: Deribit)

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