Data: $640 million in BTC and $290 million in ETH options contracts will be delivered today
ChainCatcher message, according to Greeks.live data, 24,000 BTC options are about to expire, with a Put Call Ratio of 1.23, and the maximum pain point at $27,000, with a notional value of $640 million.
In addition, 190,000 ETH options are about to expire, with a Put Call Ratio of 0.71, and the maximum pain point at $1,600, with a notional value of $290 million.
Greeks.live indicates that BTC continues to maintain market leadership, with BTC options open interest increasing by nearly 70% this week, of which BTC put options account for 60% of the total, a relatively rare situation, while ETH remains sluggish. Implied Volatility (IV) across all major maturities remains at historical lows, with no signs of a rebound, and as liquidity has recently continued to deteriorate, a big market move seems increasingly imminent.