The end of the week is here again, which means another batch of crypto options contracts is expiring as spot markets continue to retreat again. 

Around 27,600 Bitcoin options contracts will expire on Friday, April 3, with a notional value of roughly $1.8 billion. This event is smaller than usual, so it is unlikely to have any impact on spot markets.

Crypto prices have been mostly sideways this week, with total capitalization dipping on Friday.

Bitcoin Options Expiry

This week’s batch of Bitcoin options contracts has a put/call ratio of 0.54, meaning that there are many more longs than shorts expiring. Max pain is around $68,000, according to Coinglass, which is close…