Bitcoin bears could sleepwalk into a $8.65 billion trap as options max pain expiry nears $90,000
Bitcoin’s subsequent massive options gravity nicely sits on Mar. 27 (260327), and the reason being easy: that is the place the market has parked a thick stack of conditional bets that can should be unwound, rolled ahead, or paid out as the clock runs down. The Mar. 27 expiry carries about $8.65B in notional OI…
