Greeks.live: 18,000 BTC options and 140,000 ETH options are set to expire, and the options market's expectations for future volatility are gradually decreasing
ChainCatcher message, Greeks.live analyst Adam stated that 18,000 BTC options are about to expire, with a Put Call Ratio of 0.83 and a maximum pain point of $60,000, representing a notional value of $1.12 billion.
140,000 ETH options are about to expire, with a Put Call Ratio of 0.93 and a maximum pain point of $2,625, representing a notional value of $370 million.
From the options data, the open interest in cyclical options has been continuously declining, with this week's open interest accounting for less than 7% of the total open interest. This week's central bank annual meeting also did not show a significant increase in implied volatility (IV), and the market remains relatively calm, making waiting seem like the best strategy. The options data indicates that the market is in a period of high calmness, with a solid term structure and a gradual decrease in the options market's expectations for future volatility.