Bitcoin Options Worth $1.87B and Ethereum Options Worth $395M Expire Today

Bitcoin options with a notional value of $1.87 billion and Ethereum options totaling $395 million expired at 16:00 UTC on Jan. 9, Deribit data cited by BlockBeats show. The BTC options had a put/call ratio of 1.07 with max pain at $90,000, while ETH options showed a put/call ratio of 0.88 with max pain at $3,100.