Bitcoin Max Pain Trap: 87,000 Call Options Set to Expire Worthless on Friday

Bitcoin is staring down one of the biggest options expirations of 2026, and the numbers don’t look good for bulls. About $10.6 billion in Bitcoin options are set to settle on Friday. But here’s the kicker, nearly $8.6 billion of that is already underwater. The damage is concentrated among call buyers who spent months betting