🚨 November Options Expiry Alert. Over $15.4B in BTC + ETH options expire tomorrow at 08:00 UTC on Deribit, closing out a month of dramatic volatility. BTC: Put/Call: 0.58 (calls dominate) | Max Pain: $100K Positioning appears to have stabilized following recent volatility, with open interest now clustering around the $100K level, despite the fear. This elevated call interest may indicate improving sentiment after the volatility we have seen. ETH: Put/Call: 1.00 (Perfectly balanced) | Max Pain: $3.4K ETH remains a battlefield. Following the recent deleveraging across crypto markets, positioning has cooled into a more neutral stance around a key support and resistance zone. December may open with a consolidation phase if current conditions persist. Disclaimer: Deribit FZE is licensed by the Virtual Assets Regulatory Authority (VARA) for virtual asset exchange services, but does not offer derivatives to retail investors. DRB Panama Inc. is unregulated and serves retail and non-retail investors. Virtual assets are highly volatile, carry significant risk, and may lose full value. They are not insured or protected against potential losses.(Deribit)