BTC options (13AUG26) expiring on August 13—settlement is required in less than 6 hours. Max Pain is around 64k—during expiry settlement, it’s the strike that leaves the most buyers feeling uncomfortable. Near expiry, the order book sometimes gets pulled toward this level.
The current price is 63.4k, and there’s some upside room before reaching Max Pain at 64k, giving funding some incentive to tug in that direction. Open interest is about 3559 contracts—relatively small in scale, so the pull is limited. It’s common to see price spikes (wicks) inserted within the last few hours before expiry, so don’t chase extreme moves; first, see whether the market is being pulled toward the Max Pain area.
The data changes in real time—don’t treat it as an ironclad rule. #BTC #option settlement
The current price is 63.4k, and there’s some upside room before reaching Max Pain at 64k, giving funding some incentive to tug in that direction. Open interest is about 3559 contracts—relatively small in scale, so the pull is limited. It’s common to see price spikes (wicks) inserted within the last few hours before expiry, so don’t chase extreme moves; first, see whether the market is being pulled toward the Max Pain area.
The data changes in real time—don’t treat it as an ironclad rule. #BTC #option settlement