Approximately $18.1 billion in Bitcoin and Ethereum options will expire this Friday.

TechFlow reports that according to Coinbase Markets data, approximately $18.1 billion worth of Bitcoin (BTC) and Ethereum (ETH) options will expire on Friday. The BTC open interest put/call ratio is 0.66, with a 24-hour volume put/call ratio of 0.37; the ETH open interest put/call ratio is 0.61, with a 24-hour volume put/call ratio of 0.55.

Call options dominate both markets, with a clear recent trend of capital flowing toward call options, particularly for BTC. BTC call option open interest is primarily concentrated at the $90,000 and $100,000 strikes, while ETH call options are concentrated between $3,000 and $4,000.