Maximum pain price for Friday’s option expiration is $48,000Almost $6B Options Contracts to Expire Friday A total of 129,800 option contracts worth almost $6 billion are slated to expire on Friday, marking one of the largest Bitcoin options expiration of the year. A look at available data reveals that the majority of these contracts are call options, which are contracts that allow somebody to buy an asset at an agreed-upon price prior to a certain date. According to Blofin, a digital assets management firm, the maximum pain price for Fridays option expiration is $48,000, which is the strike price with the most open options contracts. In other words, $48,000 is a strike price that would cause losses for the majority of options holders at expiration.