#$10.9BBitcoinOptionsExpireFriday
Bitcoin traders have a critical date ahead. Approximately $10.9 billion in BTC options are scheduled to expire on Friday, October 30, at 08:00 UTC on Deribit.
Here are the key numbers:
📊 Options value: Approximately $10.92 billion
📉 Max pain: $78,000, around 4% below the reported spot price of $81,400
📈 Put/Call ratio: 0.53, indicating considerably more call open interest than put open interest
My take: This expiry could increase short-term volatility as traders adjust or close positions. The $78K max-pain level is worth watching, but it is not a guaranteed price target. The call-heavy positioning also doesn't automatically mean BTC will rally.
With the Federal Reserve decision adding another macro catalyst this week, I’ll be watching whether BTC can defend the $80K area and reclaim higher levels with sustained buying pressure.
What’s your view: Will BTC hold above $80K into Friday, or revisit $78K? Share your reasoning below.