According to data from Greeks.live analyst Adam, approximately $2.8 billion worth of BTC and ETH options will expire on November 13. Of these, around 34,000 BTC options, with a notional value of $2.48 billion, will expire; the Put/Call Ratio is 0.52, and the maximum pain point is $76,000. Around 148,000 ETH options, with a notional value of $300 million, will expire; the Put/Call Ratio is 1.55, and the maximum pain point is $2,200. The current prices of both BTC and ETH are below their respective maximum pain points, and put options account for a relatively high share of ETH open interest. Meanwhile, the BTC 24-hour trading-volume Put/Call Ratio briefly rose to 1.64, indicating active short-term bearish and hedging trades.