Over $1 Billion in Bitcoin and Ethereum Options Expiring Today as Crypto Markets Close Week Strong
• $1.1 billion in Bitcoin options set to expire today, with a put/call ratio of 0.70 indicating more calls than puts • Around 25,000 Bitcoin options contracts expiring, less than recent weeks but far below next week's year-end expiry • Strike prices of high interest are $40k, $45k, and $50k for Bitcoin options • 217,000 Ethereum options contracts also expiring today, worth around $491 million • Crypto markets ending the week strong, with altcoins like Solana and Avalanche seeing big gains