Today marks quarterly options expiry, with approximately $14.04 billion in BTC and $2.1 billion in ETH options expiring.

TechFlow reports that on September 25, according to data from Greeks.live, today marks a quarterly options expiry with 167,000 BTC options expiring at a Put-Call Ratio of 0.87, a max pain of $79,000, and a notional value of approximately $14.04 billion; additionally, 789,000 ETH options expire at a Put-Call Ratio of 0.67, a max pain of $2,380, and a notional value of around $2.1 billion.

The expiring contracts represent 32% and 40% of the total open interest for BTC and ETH options, respectively. Greeks.live noted that trading momentum has recently revived, with GEX heavily clustered near $84,000 ahead of expiry, and the peak is expected to shift above $90,000 post-expiry.