Expiring Crypto Options, crypto option expire. Photo by BeInCrypto Over $3.16 billion worth of Bitcoin and Ethereum options are set to expire on Friday at 08:00 UTC on Deribit, marking the final major derivatives settlement before Christmas. With liquidity thinning out as the holiday period approaches and positioning tightly clustered around key price levels, traders appear cautious, waiting for a clearer catalyst before committing to a direction. What to Expect as Nearly $3 Billion Bitcoin Options Expi ...