Quarterly Bitcoin and Ethereum Options Expiry Nears
Bitcoin options with a notional value of $14.9 billion and Ethereum options totaling $2.1 billion are set to expire on September 25. This event could introduce increased volatility as market participants adjust their positions.
Bitcoin options worth $14.9 billion expire on September 25.
Ethereum options totaling $2.1 billion also expire.
Bitcoin's put/call ratio is 0.76, indicating a bullish bias.
Large options expiries can increase market volatility.
Story
The crypto market is bracing for the quarterly expiry of Bitcoin and Ethereum options on September 25, 2026. Bitcoin options with a notional value of approximately $14.9 billion are set to expire, featuring a put/call ratio of 0.76 and a max pain point of $78,000. For Ethereum, options totaling $2.1 billion will expire, with a put/call ratio of 0.63 and a max pain point of $2,300. The put/call ratio for Bitcoin indicates more call options placed than puts, suggesting a bullish sentiment among options traders. The significant volume of expiring options implies that market makers and large traders will be actively managing their positions, which could lead to price swings around the expiry date. These adjustments can increase short-term market volatility.
Issue context
The crypto market demonstrates resilience as Bitcoin ETFs continue to attract significant capital inflows despite a recent price dip. This indicates sustained institutional interest, which could act as a crucial support mechanism for Bitcoin's price structure. Concurrently, the impending quarterly expiry of Bitcoin and Ethereum options may introduce heightened short-term volatility as traders adjust their positions.
Sustained institutional inflows into Bitcoin ETFs suggest underlying demand that may cushion price dips. However, be mindful of the upcoming options expiries, which could introduce heightened market volatility in the short term. Your positions may be affected by these movements, so exercise caution.
Market pulse
BTC
$86.5K
+1.24% 24h / +14.01% 7d
ETH
$2.8K
+0.91% 24h / +14.74% 7d
Fear & Greed
71
Greed
BTC Funding
+0.0042%
20 perp markets · OI $62B
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This story is part of the Biturai Market Brief and is for informational purposes only. No investment advice.