BTC 17AUG26 — expiry Aug 17, roughly 2h left.
Max Pain sits near 63k: the level where most longs hurt more than shorts — spot often drifts toward it in the final hours.
Spot 62.8k sits right next to Max Pain 63k; expect range grind.
OI roughly 1726 contracts, light OI — limited traction.
Don't fade extreme one-way bets into settlement — pin risk cuts both ways; watch Max Pain for magnets.
OI and Max Pain move; don't treat either as gospel.
#BTC #OptionsExpiry
Max Pain sits near 63k: the level where most longs hurt more than shorts — spot often drifts toward it in the final hours.
Spot 62.8k sits right next to Max Pain 63k; expect range grind.
OI roughly 1726 contracts, light OI — limited traction.
Don't fade extreme one-way bets into settlement — pin risk cuts both ways; watch Max Pain for magnets.
OI and Max Pain move; don't treat either as gospel.
#BTC #OptionsExpiry