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

2024-08-23 10:49:57
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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.

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