BTC Options Expiration Data: Bullish Sentiment Domains Market

The options expiration data for September 11 is in, and it shows that 29,000 BTC options expired. The put-to-call ratio was a relatively low 0.6, indicating more bullish sentiment than bearish.

The open interest peaked at $78,000, while the notional value of these options came out to $2.24 billion.

In contrast, 114,000 ETH options expired, with a put-to-call ratio of 1.17. The peak open interest was $2,450, and the notional value reached $280 million.

Bitcoin has been consolidating around $80,000 for nearly three weeks, which is typical of its price movements. However, this time it's lasted longer than usual.