🚨 Nearly $18B in BTC & ETH options expire Friday.

Bitcoin alone accounts for around $15.9B, equal to ~37% of Deribit’s outstanding BTC options open interest.

📊 BTC put/call ratio: 0.69
💰 Max pain: $75K
🎯 Heavy call OI: $85K–$100K
⏰ Expiry: Sept. 25, 8:00 UTC

With a large amount of options rolling off, dealer hedging flows could change and short-term volatility may increase.

Worth watching how BTC reacts around the expiry and as traders roll positions into October and December.

#dyor #NFA✅