Bitcoin Options Expiry Looms $7.8B Event

Bitcoin Options Worth $7.8 Billion to Expire at Month’s End

• $7.8 billion worth of bitcoin options are set to expire on January 31.
• Approximately $6 billion in notional value is expected to expire out of the money.
• The max pain level for this expiry is $98,000.
• A total of about 74,000 contracts are expiring.
• Total BTC options notional open interest stands at $28 billion.
• 22.6% of the options are in-the-money (ITM).

At the end of January, $7.8 billion in bitcoin options will expire, with a significant portion expected to be out of the money, and the max pain price identified as $98,000.