Data: 26,000 BTC options and 165,000 ETH options are about to expire, with the maximum pain point for BTC options at $94,000
ChainCatcher news, according to Greeks.live analyst Adam's data, on May 9, a total of 26,000 BTC options and 165,000 ETH options expired, with notional values of $2.67 billion and $360 million, respectively. The maximum pain point for BTC options is $94,000, with a Put Call Ratio of 1.05; the maximum pain point for ETH options is $1,850, with a Put Call Ratio of 1.42.Recently, BTC and ETH have rebounded strongly, with Bitcoin breaking through $100,000 and Ethereum rising 20% in a single day to over $2,200. The implied volatility (IV) and realized volatility (RV) for major BTC maturities remain around 45%; due to the sharp rebound, short-term IV for ETH has exceeded 100%. This delivery volume is less than 10% of the total open interest, as a large number of put options have gone to zero, and market sentiment has shifted to optimistic, with a significant increase in the proportion of call options expiring in June.