Bitcoin options expiry nears with $15 billion at stake as traders eye $100,000

About $15 billion in Bitcoin options are set to expire on September 25, marking the largest quarterly settlement this year. Deribit data shows these contracts account for over a third of Bitcoin options open interest. The put-to-call ratio stands at 0.70, indicating more traders are betting on price increases. Major call option strikes are clustered at $85,000, $90,000, and $100,000, while Bitcoin trades near $84,258. Analysts warn of potential volatility ahead of expiry as traders adjust positions.