Bitcoin options expiring on Friday, October 16, show approximately $451 million in underlying notional exposure concentrated in put options at the $76,000, $78,000, and $80,000 strike prices. Data from Deribit as of October 12 indicates a put-to-call ratio of 1.43 for these options, with short-term volatility pricing declining ahead of Wednesday's US inflation report. The Consumer Price Index (CPI) report is due on Wednesday, October 14, at 8:30 a.m. Eastern Time.