$BTC Options Face $15 Billion Expiry as Volatility Hits Multi-Year Lows
$BTC derivatives traders are preparing for one of 2025's largest monthly options expiries, with $15 billion in contracts expiring Friday.
The max pain point sits at $102,000, where most contracts would expire worthless from current $107,600 levels.
The put-call ratio of 0.73 indicates slight trader pessimism despite limited expectations for sharp price movements.
$BTC implied volatility dropped to 38.29%, marking the lowest level since October 2023 across #derivatives markets.
$ETH maintains higher volatility between the 60-80 range, suggesting traders expect larger price moves in altcoins.
Quarter two options volumes surged 25% above yearly averages, reflecting growing institutional participation.
Post-expiry momentum could emerge if
$BTC retests the $110,000 resistance with strong #ETF inflows supporting breakout attempts.
