182,000 ETH Options and 26,000 BTC Options Worth Over $2.1B Set to Expire March 13
182,000 ETH options and 26,000 BTC options are set to expire on March 13, with BTC contracts valued at $1.8 billion and ETH options at $380 million, data from Greeks.live show. The maximum pain point sits at $69,000 for BTC and $2,000 for ETH, while implied volatility stands around 50% for BTC and roughly 70% for ETH. Adam@Greeks.live noted the expiring contracts represent only 6% of total open interest—the lowest in recent years—with market activity extremely muted, long and short positions broadly balanced, and traders in a wait-and-see mode amid an overall bearish trend.