Nearly $5 Billion Bitcoin and Ethereum Options Expire Today Amid A Market on Edge

Nearly $5 billion worth of Bitcoin and Ethereum options are set to expire on Deribit on November 14, 2025, at 8:00 UTC, which could cause price volatility as assets move toward their strike prices. The Bitcoin options expiry is slightly smaller than the previous week's, but market weakness heightens the stakes. Bitcoin's maximum pain level is $105,000, despite the asset trading below $100,000 recently, and the Put-to-Call ratio (PCR) of 0.63 suggests underlying bullish sentiment. For Ethereum, which is trading near $3,224, the max pain is near $3,500, with a PCR of 0.64 also indicating bullish anticipation. This options expiry occurs amidst broader market uncertainty, including the conclusion of the US government shutdown and anticipation surrounding the December Federal Reserve interest rate meeting, leading to increased open interest and trading volume in the options market.

(Source：BeInCrypto)