About $11 billion in Bitcoin options, roughly 135,000 BTC and a third of Deribit's Bitcoin options open interest, expire on Friday. Max pain sits at $78,000 against a market price near $81,500, and about 86% of contracts are out of the money. The Fed held rates at 3.75% to 4% on Wednesday in a 10-2 vote, with two dissenters favoring a hike, while the 10-year Treasury yield closed at 5.05%. Of the expiring contracts, roughly 88,700 are calls and 46,500 are puts, a put-to-call ratio of 0.52. Because the $11 billion is notional value, settling at today's price would move about $130 million, roughly 1% of the headline figure. Heaviest call strikes sit at $95,000 and $100,000, with the biggest put cluster at $70,000, and the next expiry on December 25 covers about 135,500 BTC.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/28/2026 | 81,343.50 |
| Change that session | +0.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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