•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Crypto options expiry totaling $8.3 billion in notional value is set to influence market positioning, with traders focused on “max pain” levels and shifting put-call ratios across major assets.
Bitcoin’s max pain price is $73,000, below the current market price of $78,000. At the $73,000 strike, calls are higher than puts, while the $75,000 and $80,000 strikes show especially large volumes. There is an 85% probability that options will expire above $77,000.
In the last 24 hours, call volume exceeded put volume, with a put-call ratio of 0.63. The positioning suggests traders are betting on a higher Bitcoin price, supported by hopes of US-Iran peace talks.
GreeksLive also reported that Bitcoin’s implied volatility for major maturities has continued to decline through the month, with most maturities falling by 1% to 2% to below 40%.
More than 575,000 Ethereum options with a notional value of $1.34 billion are set to expire on Deribit. The put-call ratio is 0.75 for the expiry set.
Over the past 24 hours, put volume has been significantly higher than call volume, with a put-call ratio of 1.17. This indicates traders are leaning bearish and anticipating downside amid rising volatility in the broader crypto market.
Ethereum’s max pain price is $2,200, below the $2,320 market price at the time of writing. Higher puts than calls point to higher odds of a drop in ETH price as traders adjust for the upcoming expiry.
Nearly 12,000 XRP options with a notional value of more than $17.25 million are set to expire today. The put-call ratio is 1, but it has risen to 1.57 as put volume exceeds call volume.
The max pain point is $1.45, above the XRP price of $1.43 at the time of writing. Despite the max pain level, traders appear to be positioning for XRP to remain relatively sideways in the coming days.
Over 30,000 Solana (SOL) options with a notional value of more than $26.39 million are set to expire, with an extremely bearish put-call ratio of 1.81.
In the last 24 hours, call volume was higher than put volume, with a put-call ratio of 0.78. The mixed signals suggest options traders are overall bullish while waiting for cues from the Bitcoin and Ethereum expiries.
Solana’s max pain point is at $89, with traders expecting SOL to fall below $85 in the upcoming days. SOL has dropped from $86.53 to trade at $85.64, about 1% lower. Trading volume has also decreased by 11% over the past 24 hours due to the monthly crypto market options expiry.
Evernorth Holdings reported that large holders added nearly 11 million XRP per day on average in early April. It also said wallets holding 1,000 to 100,000 coins have reached 1.1 million, an all-time high, ahead of the Ripple-sponsored XRP Las Vegas conference.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
