Svmuu News: Approximately $6.25 billion in Bitcoin options contracts are set to expire on May 29, drawing market attention. The $75,000 strike price has accumulated the largest put position, with a notional value of about $394 million, while the $80,000 strike price holds the largest call position, valued at approximately $532 million. The current Max Pain price is $75,000, which is about 3% lower than Bitcoin's current spot price of $77,250. Data shows that a total of 80,535 options contracts are involved in this expiry, comprising 43,184 call options and 37,351 put options, resulting in a Put/Call Ratio of 0.86, indicating a moderately bullish market sentiment overall. (CoinDesk)