ChainCatcher report, according to CoinDesk, approximately $6.25 billion in Bitcoin options contracts are set to expire on May 29. The $75,000 strike price holds the largest put position, with a notional value of about $394 million, while the $80,000 strike price has the largest call position, with a notional value of approximately $532 million. The current maximum pain price is at $75,000, about 3% below Bitcoin’s current price of $77,250. Data shows that this expiration involves a total of 80,535 contracts, including 43,184 calls and 37,351 puts, yielding a Put/Call Ratio of 0.86, indicating an overall mildly bullish market sentiment. Notably, the Bitcoin call option expiring on May 29, 2026, with a strike price of $82,000, was the most actively traded single options contract on Thursday, with approximately 1,600 contracts traded and a notional value of about $126 million, suggesting that some traders are betting on a bullish breakout in Bitcoin.
$62.5 billion in Bitcoin options are set to expire on May 29, with traders focusing on $82,000 call options.
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Summary
On-chain data shows $62.5 billion in Bitcoin options contracts set to expire on May 29, 2026. The largest put position is at $75,000, totaling $394 million, while the largest call position is at $80,000, totaling $532 million. The $82,000 call option saw 1,600 contracts traded, amounting to $126 million, underscoring active trading in the Bitcoin options market. The Put/Call Ratio of 0.86 indicates a mild bullish sentiment.
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