Bitcoin options data shows 24,000 contracts expired with settlement above $67,000 max pain as price broke 76K; 149,000 ETH options also settled.

Bitcoin options data shows 23,000 contracts expired at $62,000 max pain with $1.5B notional; ETH saw 140,000 contracts at $1,700 max pain amid range-bound price action above 60K.

Bitcoin options data shows 31,000 contracts expired at $61,000 max pain with $1.9B notional as price holds $61,735 on 4h chart.

BTC options saw 31,000 contracts expire with 0.78 put-call ratio and $65,000 max pain; ETH followed at $1,725 as price held $62,726 amid bearish 4h structure.

109,000 BTC options expired at max pain $72,000 with $8.55B value; 563,000 ETH at $2,200 with $1.32B, amid bullish BTC price prediction trends.

According to @glassnode, a 30-day moving average (MA) crossover analysis of Bitcoin (BTC) price versus Max Pain levels generates long and short trading signals that outperform a buy-and-hold strategy over time. While the findings are exploratory, the signal quality suggests potential utility for traders. Additionally, Max Pain levels for near-term expiries (1 week) seem to act as dynamic support in uptrends and resistance in downtrends, offering a derivatives-based perspective on price structure analysis rarely available in crypto markets.

According to Glassnode, Max Pain acts as a dynamic support during uptrends and resistance during downtrends for near-term option expiries (1W). This metric provides a derivatives-based reference point to analyze price structures, which is a rare feature in cryptocurrency markets. Glassnode now tracks Max Pain across different maturity buckets with resolutions ranging from 10 minutes to daily.

According to @GreeksLive, 91,000 BTC options expired with a put call ratio of 0.48, max pain at 90000, and 7.6 billion notional, while 435,000 ETH options expired with a put call ratio of 0.68 and max pain at 3000. This @GreeksLive data indicates call-heavy positioning in both BTC and ETH and highlights pin risk near the stated max pain strikes into settlement, levels traders watch for short term direction and volatility.

According to @GreeksLive, 21,000 BTC options expired with a Put-Call Ratio of 1.07, a maximum pain point at $90,000, and $1.9 billion notional value, while 126,000 ETH options expired with a Put-Call Ratio of 0.88, a maximum pain point at $3,100, and $390 million notional value, totaling nearly $2.4 billion or about 7% of open interest, which is a relatively minor expiry for the week, source: @GreeksLive. The post-annual settlement rebound saw a pullback this week, but the recent downward trend in BTC and ETH has eased and sentiment is improving, with BTC’s $90,000 and ETH’s $3,000 psychological levels cited as strong supports, source: @GreeksLive. Key options metrics show BTC implied volatility is stable versus pre-Christmas, with main-term IV around 40%, while ETH IV has declined with main-term IV at 55%, highlighting an IV divergence traders should note, source: @GreeksLive. Block trading remained elevated, accounting for over 70% of today’s total options volume, driven by new position-building demand, source: @GreeksLive. Market makers and active traders reportedly hold substantial cash and are primarily positioning in BTC month-end call options and ETH month-end put options, indicating targeted directional and hedging flows into month-end, source: @GreeksLive.

According to @GreeksLive, the firm announced a live broadcast titled Large Bitcoin Options Positioning on November 15, 2025, covering large BTC options positioning for traders, source: Greeks.Live on X. Traders commonly monitor open interest by strike and expiry to identify liquidity magnets and potential pinning into expiries that can affect BTC spot volatility, source: CME Group Education. Skew and term structure in Bitcoin options help gauge directional demand and hedging costs for positioning around key levels discussed in such sessions, source: Cboe Options Institute. Gamma exposure and the gamma flip level can signal where dealer hedging may amplify or dampen intraday BTC moves when large positions cluster, source: CME Group Education. Participants can use the Greeks.Live session to align trade setups around max pain, open interest concentration, and implied volatility shifts in BTC options after cross-checking with exchange data, source: Greeks.Live on X and CME Group Education.

According to @GreeksLive, 41,000 BTC options expired with a put-call ratio of 0.61, a maximum pain point at $105,000, and $3.95 billion in notional value, while 228,000 ETH options expired with a put-call ratio of 0.59, a maximum pain point at $3,475, and $730 million notional, source: @GreeksLive. Both BTC and ETH prices continue to fall, with BTC now below $100,000 without a clear rebound and ETH logging three straight monthly losses as sentiment shifts from neutral to negative, source: @GreeksLive. Implied volatility is rebounding broadly with BTC near-term IV approaching 50% and averaging around 45%, while ETH IV is above 70% for major expirations and near 100% in the short term, signaling rising volatility expectations, source: @GreeksLive. Bitcoin put-option volume and its share of total options trading have been steadily increasing, with puts now around a 30% share and risk aversion the dominant stance, source: @GreeksLive. The author characterizes this Q4 as the worst on record, citing macro uncertainty and divided sentiment, and advises against leveraged trading, source: @GreeksLive.

According to @KookCapitalLLC, BTC’s max pain is an all-time high above 150K, indicating upside risk if many traders remain sidelined expecting lower prices; Source: @KookCapitalLLC on X, Nov 9, 2025. The author states an ATH is still expected in Q4, framing a bullish bias and a potential breakout scenario toward 150K+ for BTC; Source: @KookCapitalLLC on X, Nov 9, 2025. The post characterizes current action as different from typical Sunday pumps and points to a contrarian sentiment setup as a trading cue; Source: @KookCapitalLLC on X, Nov 9, 2025.