TechFlow News, May 29: According to Greeks.live data, BTC and ETH options with a combined notional value of $7.48 billion expire and settle today. The maximum pain points are $75,000 for BTC and $2,200 for ETH. Specifically, 84,000 BTC options expire today, with a Put/Call Ratio (PCR) of 0.88 and a maximum pain point at $75,000, representing a notional value of $6.2 billion; 639,000 ETH options expire, with a PCR of 0.81 and a maximum pain point at $2,200, representing a notional value of $1.28 billion.
Key options data indicate BTC and ETH PCRs of 0.88 and 0.81, respectively—not signaling extreme bearishness. Markets had not broadly bet on a sharp unilateral decline beforehand; instead, sentiment appears relatively neutral with a slight defensive bias. Skew remains stable, reflecting primarily the realization of previously accumulated positions.
