Coinbase Reports $18.1 Billion in BTC, ETH Options to Expire on Friday
Coinbase reported that approximately $18.1 billion in Bitcoin and Ethereum options will expire on Friday, September 25.
The majority of this notional value is concentrated in Bitcoin options, which account for nearly 89% of the total. According to Deribit-sourced data, there are $9.61 billion in BTC call open interest against $6.52 billion in puts for Sept. 25, producing a 0.68 put/call ratio.
Coinbase identified $90,000 and $100,000 as two areas where Bitcoin call open interest is concentrated. With BTC trading near $86,500 early Wednesday, the $90,000 strike sat roughly 4% above spot while $100,000 remained nearly 16% higher.