Massage $ 15b Crypto options canceled today: how will markets react?

About 103,000 Bitcoin options end on Friday 29 August and they have a fictional value of around $ 11.7 billion.

This expiry date is much larger than previous weeks because it is the end of the month, so there can be some volatility at spot markets.

Eyes are also on the American Core PCE report of the American July, one of the preferred inflation of the Federal Reserve.

Bitcoin options

The Bitcoin Options Contracts Batch of this week has a PUT/Call ratio of 0.79, which means that more long contracts will end than shorts, as a bullish momentum return. There is a maximum pain point of $ 116,000 where most losses are taken upon expiry.

Open interest (OI), or the value or the number of BTC option contracts that still have to expire, is highest at $ 140,000, which has risen to more than $ 2.8 billion at this exercise price Derivatives. There is also around $ 1.9 billion OI for $ 120,000 and $ 130,000 exercise prices because the bull speculators load on contracts, but $ 110,000 and $ 95,000 are still popular prices for short sellers.

In addition, the total Bitcoin -Futures OI is currently $ 81 billion, which has fallen from recent record highs, according to To Coinglass.

Options expire alert
At 8:00 AM UTC tomorrow ~ $ 15b in Crypto options are set to end on Deribit.$ BTC: $ 11.7b Notical | Well/call 0.79 | Max Pain $ 116k$ ETH: $ 3.2 billion notional | Well/call 0.76 | Max Pain $ 3.8k

BTC OI Clusters about $ 110k – 115k, ETH shows balanced flows with … pic.twitter.com/iy3akbis5f

– Deribit (@deribitofficial) August 28, 2025

Crypto -derivatives supplier Greeks Live said In a comment on Thursday that the group “Mixed sentiment shows with traders who are closely in the level of important levels around BTC $ 112,000 resistance and discussing the impact of the NVIDIA income on crypto volatility.”

“Some traders expressed relief that 112P positions were saved, while others were noticed on ETH, with weakness, with a constant debate about whether BTC correlates with traditional markets.”

In addition to the Bitcoin options of today, there are around 697,000 Ethereum contracts that also end, with a fictional value of $ 3.2 billion, a maximum pain of $ 3,800 and a put/call/ratio of 0.76. This brings the combined crypto options on Friday and the fictional value runs at around $ 15 billion.

Crypto Market Outlook

The total market capitalization fell a bit this Friday morning and fell to $ 3.95 trillion.

Bitcoin was $ 113,000 in a high point on Thursday, but has since weakened and has fallen back to $ 111,300 at the time of writing. The active will continue to fall 10% compared to its highest time, but has found support at the current level.

E -thorn prices also fell by 1% on the day and fell during the Asian trade session on Friday morning on Thursday from just over $ 4,600 to $ 4,475.

The Altcoins were a mixed group, with a win for Solana, Chainlink and Avalanche, while Hyperliquid and Cronos saw red.