26,000 Bitcoin Options Expire with $2.67 Billion Value
Bitcoin options worth $2.67 billion expired, indicating slight bearish market sentiment with a put-call ratio of 1.05.

- Bitcoin options expired with $2.67 billion notional value.
- Neutral-to-bearish sentiment observed among traders.
- Bitcoin surged past $100,000 after the event.

Bitcoin’s options expiry is significant due to its potential impact on market sentiment and trading activity, indicating a shift in perception.
The expiry involved 26,000 BTC options, analyzed by Greeks.live, with a max pain point at $94,000 and a put-call ratio of 1.05. BTC surged above $100,000 following the event. Adam from Greeks.live provided insights, noting that many bearish options had expired worthless. Market liquidity remains high, with a shift towards bullish sentiment anticipated in future cycles.
“The month-end expiry of 26,000 BTC options signifies a potential shift towards market optimism as many bearish options expired worthless.” – Adam, Options Analyst, Greeks.live
The event’s immediate effect saw Bitcoin’s price surging past $100,000, indicating a market reversal. Implied volatility for BTC was stable, while
ETH’s IV surged, influenced by sudden price dynamics.
Historical trends affirm that large expiry events, such as the March 2025 occurrence, often lead to brief volatility spikes. Institutional commentary supports the view that this expiration cycle aligns with past pattern shifts. The absence of new regulatory developments and on-chain changes suggests ongoing market stability.
The expiry trend supports a market approach where traders anticipate and adapt to volatility fluctuations.
Technological enhancements in related options markets continue to buffer shifts observed in historical data, signaling opportunities for both investors and analysts.
More From Crypto News
$67.4M in Pendle AUSD Principal Tokens on Aave Monad Mature Oct. 8
About 67. 4 million PT-AUSD-8OCT2026 tokens were supplied as collateral on Aave V3’s Monad market as of Oct.
Bitcoin Returns to $86K as Pi Network PI Stays Below Resistance
Bitcoin climbed back to the $86,000 area after getting rejected at $87,000 and finding support near $85,000, while Pi Network’s PI token continued to struggle b...
FinCEN Withdraws Proposed Crypto Wallet and Mixer Rules
FinCEN’s proposed wallet rule would have required banks and money services businesses to collect and verify identifying information for certain unhosted wallet...
Bitfinex Securities Bond: 2% Fee on $5M Offering
The stated example applies a flat 2% rate to the gross offering amount. Two percent of $5 million equals $100,000, charged upfront at the point of issuance.
Bitcoin Futures Open Interest Falls $1.4B as Spot Buyers Step In
Futures open interest measures the total value of outstanding derivative contracts that have not been settled. When that figure contracts, it typically signals...
Morgan Stanley Bitcoin ETF Tops 10,500 BTC
Morgan Stanley’s Bitcoin ETF has crossed the 10,500 BTC threshold, marking a notable accumulation milestone for the Wall Street firm’s spot Bitcoin fund. The ho...