140,844 BTC Options Worth $11.69B Expire on Deribit October 30
- —140,844 contracts for October 30 — 9.4 times the October 16 weekly expiry of 15,037
- —Put-to-call ratio is 0.48, meaning $2 bets on gains for every $1 on declines
- —Biggest call strike is $95,000 (25,031 contracts); biggest put is $70,000 (3,212)
- —Max pain for the October 30 expiry sits at $78,000, 6% below the current price
Why it matters: Options positioning sets the hedging levels: the $78,000–80,000 zone may cap price moves into expiry, while a break out of it could amplify them.
Source: CryptoTicker