Massive $11.6B Bitcoin Options Expiration Don Spark Volatility
For August 29, 2025 by 08:00 UTC, big Bitcoin option expiration wey cost $11.57 billion for Deribit join with $3.13 billion Ethereum option expiration. The Bitcoin option expiration get put/call ratio of 0.78 and max pain price na $115,000; Ethereum option get 0.77 put/call ratio and $3,800 max pain level. These figures dey show say traders dey a little bullish. This Bitcoin option expiration na one of the biggest ever, e show say derivatives market don mature well well. Big expiry fit make market shake as market makers dey try balance, price fit also find level near max pain price. Traders suppose dey watch price for real time as expiry reach, hold tight for risk management with stop-loss orders and keep long term eye. To sabi how Bitcoin options dey expire go help you handle crypto derivatives and plan for short term market wahala.
Neutral
Our view on dis Bitcoin options expiration na neutral. Historically, big expiries dey cause short-term volatility but no dey bring sustained directional bias. For example, $10 billion expiry for June 2024 cause 5% intraday swings but e close near pre-expiry levels. The current put/call ratio of 0.78 show small bullish sentiment, but hedging flows around the $115,000 max pain level fit resist directional moves. Market makers dey often buy or sell spot Bitcoin to balance their positions, wey dey cause offsetting pressures. Traders suppose get ready for increased volatility around 08:00 UTC expiry, followed by consolidation. Long term, macro factors and fundamentals go likely control trend direction pass this one expiry event.