Greeks.live: A total nominal value of 3.1 billion USD in BTC and ETH options will expire today
ChainCatcher news, Greeks.live macro researcher Adam posted on the X platform that today 26,000 BTC options will expire, with a Put Call Ratio of 0.58 and a maximum pain point of $99,500, with a notional value of $2.54 billion. Additionally, 203,000 ETH options will expire today, with a Put Call Ratio of 0.46, a maximum pain point of $2,950, and a notional value of $560 million.This week, the market is relatively weak, with ETH's maximum pain point falling below $3,000 again, and the price during the day dropped to $2,100, setting a new low since 2024. BTC has effectively fallen below the $100,000 mark, and since the market broke through $95,000 in late November, it has been fluctuating widely around this price.The market is still digesting the impact of the Trump Trade over the past three months, with this week's delivery volume accounting for 10% of the total open interest. The trading volume of call options has significantly decreased, while the proportion of large put transactions is increasing. Tonight, there will be U.S. unemployment and non-farm payroll data for January, and the impact of macro events on U.S. stocks is worth paying attention to, as the overall risk in major speculative markets is currently highly correlated.