Bitcoin is heading into one of its largest options expiries of the year as spot markets remain under pressure.
Summary
- Bitcoin options expiring today sit far above spot, keeping the $60,000 level under pressure again.
- Puts trade at premiums over calls as traders seek protection from more near-term downside risk.
- Ether adds $1.6b in expiring contracts while spot ETH hovers near 2026 lows this week.
Around 153,500 Bitcoin options contracts are set to expire on Friday, June 26, with a notional value of about $9.3b.
The end-of-month and end-of-quarter timing makes the event larger than a normal weekly expiry. Traders often adjust positions around these dates, which…
