Approximately $2.51 billion worth of Bitcoin and Ethereum options are set to expire today on Deribit. Bitcoin options account for $2.23 billion of this total, with a put/call ratio of 0.68 and a maximum pain point of $66,000. Ethereum options represent $291 million, with a put/call ratio of 0.62 and a maximum pain point of $1,750. Despite recent market volatility, both cryptocurrencies are trading above their maximum pain points, indicating a market preference for call options.