$2.95B in BTC and ETH options expire: max pain at $82K and $2,660
- —30,500 BTC options worth $2.63B expired, put/call ratio 1.07
- —116,000 ETH options worth $320M expired, put/call ratio 1.17
- —Max pain stands at $82,000 for BTC and $2,660 for ETH
- —IV on major tenors hit a cycle low; GEX peak sits at $90,000
Why it matters: Low IV and the $90,000 GEX peak signal upside expectations while price holds near $85,000.
Source: PANews