143,000 BTC Options Worth $13 Billion Expire Nov. 28 with Max Pain at $98,000

A total of 143,000 BTC options with a notional value of $13 billion are set to expire on November 28, with a Put Call Ratio of 0.51 and max pain point at $98,000, Greeks.live researcher Adam said. Additionally, 572,000 ETH options worth $1.71 billion will expire, showing a Put Call Ratio of 0.48 and max pain at $3,400. Implied volatility has risen across the board compared to last month, with BTC's main-term IV averaging around 45% and ETH's below 70%. Adam noted Bitcoin options block trading volume continues to climb around settlement driven by rollover demand, while Ethereum block trades remain minimal.