đš BIGGEST BTC OPTIONS EXPIRY NEXT WEEK đš
Listen Pandas đŒ
When a massive options expiry hits, $BTC starts moving âweirdâ on purpose.
đ Dec 26
About $23.7B worth of BTC options expire â the largest expiry of 2025.
Around 268,000 contracts roll off at once. Even with zero news, this alone can move price.
Hereâs what most traders miss đ
âą Open interest is heavily skewed toward CALLS
âą Put/Call ratio is low â market still leaning bullish
But options donât sit idle.
Big players hedge these positions using spot & futures, and those hedges create real buy/sell pressure.
Thatâs why price action feels strange near big expiries:
sharp wicks
fake breakouts
choppy ranges trapping both longs & shorts
đŻ Key Level to Watch
96,000
This is the max pain zone â where option buyers lose the most at settlement.
BTC doesnât have to go there, but when $23B+ expires in one day, price often reacts around these levels.
âł Typical Expiry Behavior
Before expiry:
âą sideways & messy price
âą stop hunts on both sides
âą breakouts with no follow-through
After expiry:
âą hedging pressure fades
âą liquidity clears
âą price action becomes cleaner
đ§ Dec 26 = Reset Point
Until then: manage risk, expect traps, and stay unemotional.
đŒ Trade smart
