BTC 14AUG26 — expiry Aug 14, roughly 4h left. Max Pain ~64k — the settlement band that squeezes the most call/put buyers; tape sometimes magnets there into expiry.
Spot 63.3k is below Max Pain 64k — some flow still has room to pull higher. OI roughly 20.5k contracts, above-average size; still enough to stir the tape. Vol can expand into the roll — size down directional bets; spot may tug around Max Pain.
OI and positioning still shift into expiry — size accordingly. #BTC #OptionsExpiry
Spot 63.3k is below Max Pain 64k — some flow still has room to pull higher. OI roughly 20.5k contracts, above-average size; still enough to stir the tape. Vol can expand into the roll — size down directional bets; spot may tug around Max Pain.
OI and positioning still shift into expiry — size accordingly. #BTC #OptionsExpiry