$3.45 billion of ETH options on Deribit will be delivered on Friday, with the biggest pain point at $3,300

Lin Chen, head of Asia-Pacific business at Deribit, posted on the X platform that the biggest pain point for ETH options on Deribit expiring on May 31 (Friday) is $3,300 (much lower than the spot price); the ratio of put options to call options is 0.84 (much higher than the average), with a notional value of $3.45 billion. Lin Chen said that event-driven market events such as ETFs + economic macro should have a greater impact, and personally think that this biggest pain point is of little value.