Core Insights - Deribit is set to experience the expiration of 154,000 BTC options this Friday at 16:00 (UTC+8), with a nominal value of $17.38 billion and a maximum pain price of $110,000, indicating a put/call ratio of 0.77 [1] - Additionally, ETH options have a nominal value of $5.5 billion, a maximum pain price of $3,700, and a put/call ratio of 0.76 [1] Summary by Category - **BTC Options** - Expiration of 154,000 BTC options on Deribit [1] - Nominal value of $17.38 billion [1] - Maximum pain price set at $110,000 [1] - Put/call ratio of 0.77 [1] - **ETH Options** - Nominal value of ETH options at $5.5 billion [1] - Maximum pain price at $3,700 [1] - Put/call ratio of 0.76 [1]