Bitcoin options with a notional value of about $4.2 billion will expire this Friday

According to BlockBeats, on October 22, about $4.2 billion in Bitcoin options and $1 billion in Ethereum options will expire and be delivered this Friday. Of these, about $682 million in Bitcoin options are "in-the-money", most of which are call options. The distribution is similar to the expiration of the previous quarter.

The current put/call ratio of Bitcoin options is 0.62, indicating that market sentiment is optimistic. Bitcoin's maximum pain point price is $64,000, and the current trading price is about $67,000, which is above the maximum pain point level. It is worth noting that Ethereum is currently trading at about $2,600, which is exactly at its maximum pain point price.