Bitcoin and Ether Options Worth Nearly $11.7B Expire Friday

Options on Bitcoin (BTC) and Ether (ETH) worth a combined nearly $11.7 billion are due to expire Friday, Oct. 30, with Bitcoin contracts accounting for most of the notional value. At Deribit, 135,000 BTC in options are scheduled to expire at 4 a.m. ET (08:00 UTC). Those contracts have a notional value of $10.92 billion, a max-pain price of $78,000 and a put-call ratio of 0.53. Ether options worth $776 million are also due to expire Friday. They have a max-pain price of $2,500 and a put-call ratio of 0.77. Enna Lee reports on investing and digital-asset markets for TokenPost.