BTC options $2.63 billion expire in 6 days... employment report in 5 hours 30 minutes

Deribit BTC inverse options with a notional open interest of $2.63 billion (about 3.52 trillion won) are set to expire on November 6 at 5:00 p.m. KST, according to PerpFinder data as of 7:35 a.m. KST. The expiry lands roughly five and a half hours before the U.S. October employment report, scheduled for 10:30 p.m. KST the same day, meaning the options settle before the macro data is released. Open interest reflects contracts that have not yet been closed or settled, so the figure captures the exposure still outstanding at that snapshot. The timing matters because the jobs report is a major catalyst for bitcoin volatility, and traders holding positions through expiry will face the data without the option hedge. What to watch next is how much of that open interest rolls into later expiries and whether the employment print triggers a sharp move in BTC.