BTC traders cautiously optimistic, ETH traders hedge actively as $17B monthly options expiry

October’s options expiry may bring additional volatility to BTC and ETH prices, based on positions of maximum pain. A total of $17B in options are expiring on Friday on ￰1￱ to $17B in monthly options are expiring on Deribit this ￰2￱ interest on Deribit is at over $45B for longer-term options, standing near a one-year ￰3￱ month’s event is smaller compared to September’s $22B options expiry. Bitcoin, Ether Brace for $17B Options Expiry Amid Fed Meeting, Tech Company Earnings ⤵️ ￰0￱ — Deribit (@DeribitOfficial) October 29, 2025 The monthly options will expire on Friday at 08:00 UTC, with the potential for volatility in the ￰4￱ of the options expiry, BTC traded at $109,881, once again losing its previous ￰5￱ traded at $3,982.21.

BTC options point to cautiously bullish trading Deribit analysis suggests traders are positioned as cautiously bullish, based on the ratio of call to put ￰6￱ options traders are no longer actively hedging for a significant ￰7￱ is currently trading below the maximum pain expiration at $114,000. The October options expiry is relatively small, showing cautious optimism for BTC traders. |