Bitcoin Calls Cluster at $82,000, $85,000 and $90,000 for Nov. 6

Bitcoin (BTC) options expiring Nov. 6 had about $2.065 billion in notional open interest, with calls about 3.09 times puts and concentrated at three strike prices ahead of Friday’s expiry.

The put/call ratio was 0.32. Calls clustered at $82,000, $85,000 and $90,000, while puts were concentrated mainly between $74,000 and $78,000.

The Nov. 27 monthly expiry had about $3.734 billion in notional open interest, with a put/call ratio of 0.65. Its call positions clustered at $88,000, $90,000 and $98,000.

For the Oct. 31 expiry, Bitcoin options totaled 8,057.5 contracts, with about $622 million in notional value. The put/call ratio was 1.22, and the maximum-pain level was $79,000. Those contracts represented about 2.6% of Deribit’s BTC options positions.