Markets· ★★★· neutral·

65% of Deribit's Solana options open interest expires September 25

  • —65% of Deribit's SOL options open interest expires on September 25
  • —Key strikes are $90, $105 and $125 versus spot around $115–118
  • —September 25 also settles $15.9B in BTC and $2.1B in ETH options
  • —SOL options volumes on Deribit remain thin compared with futures and perpetuals
Why it matters: The large quarterly expiry could amplify SOL volatility around the $90–125 strikes, though thin options liquidity limits its impact on spot pricing.
Source: Crypto Briefing