Quarterly Options Expiry: $14B in BTC and $2.1B in ETH Contracts Set to Expire

According to data from Greeks.live on September 25, the market is undergoing a quarterly options expiry. A total of 167,000 BTC options are expiring with a put-call ratio of 0.87 and a max pain point of $79,000, representing a notional value of approximately $14.04 billion. Additionally, 789,000 ETH options are expiring with a put-call ratio of 0.67 and a max pain point of $2,380, totaling about $2.1 billion in notional value. These contracts account for 32% and 40% of the total open interest for BTC and ETH options, respectively. Greeks.live noted that market activity has recently picked up, with GEX concentrated near $84,000 before the expiry, and the peak is expected to shift above $90,000 post-expiry.