Deribit: Approximately $2.86 billion in BTC and ETH options will expire today, with BTC max pain at $79,000.

TechFlow reports that, according to an official announcement from Deribit, approximately $2.86 billion worth of BTC and ETH options will expire on Deribit at 08:00 UTC on Friday, November 6. The notional value of the BTC options is approximately $2.64 billion, with a put/call ratio (P/C) of 0.38 and a max pain price of $79,000. Positions are clearly skewed toward calls and concentrated around the $82,000 and $85,000 strike prices.

The notional value of the ETH options is approximately $224.5 million, with a P/C ratio of 1.27 and a max pain price of $2,350. Put options dominate, with positions concentrated mainly around the $2,100 level.