Bitcoin options with a notional value of $15.6 billion are scheduled to expire Friday, according to data from Deribit cited by Decrypt. The exchange’s strike-by-strike positioning shows that calls make up a significant part of the expiring book. The data also highlights one price level where hedging activity is concentrated from both call and put positions. That setup makes the expiry a key point of attention for traders monitoring Bitcoin derivatives. The available data does not identify the specific price level in the source material, but it indicates that positioning is uneven across strikes rather than distributed uniformly. The expiry concerns Bitcoin options and does not directly describe positions in the other assets listed in the related-asset data.
