ChainCatcher news, Greeks.live macro analyst Adam posted on platform X that today 21,000 BTC options will expire, with a Put Call Ratio of 0.83 and a maximum pain point of $98,000, with a nominal value of $2.1 billion. Additionally, 164,000 ETH options will expire today, with a Put Call Ratio of 0.68 and a maximum pain point of $3,700, with a nominal value of $640 million.This week's market is mainly focused on adjustments. Unlike last week, Bitcoin's adjustment this week is relatively small, while altcoins are experiencing stronger adjustments. As the time approaches Christmas and the annual settlement, market makers are starting to adjust their positions. Recently, the proportion of large bullish options trades has been high, with an average daily share exceeding 30%. In previous years, trading activity in Europe and the U.S. during Christmas would significantly decline, but this year, the influence of U.S. stocks on crypto has increased, and this phenomenon may become more pronounced.The options market data over the past two weeks has shown that market makers are relatively cautious. The volatile market has led to a slight increase in implied volatility for major expirations. Options are very suitable for short-term speculation at this time, and this week's main trades have all been short-term PVP, making the cost-effectiveness of buying options still very high.

ChainCatcher news, according to Deribit data, a total notional value of approximately 3.96 billion USD in BTC options and ETH options will expire tomorrow. Among them, the notional value of the upcoming BTC options reaches 3.39 billion USD, with a Put Call Ratio of 0.83 and a maximum pain point of 79,000 USD; the notional value of the upcoming ETH options reaches 572 million USD, with a Put Call Ratio of 0.93 and a maximum pain point of 3,000 USD.

ChainCatcher message, Deribit data shows that approximately $3.037 billion in BTC options and $560 million in ETH options will expire on Friday (November 15); among them, the maximum pain price for BTC is $77,000, and the maximum pain price for ETH is $2,950.

ChainCatcher news, Greeks.live macro analyst Adam posted on platform X that the options market today welcomes the concentrated expiration of BTC and ETH options. Data shows that 49,000 BTC options are expiring, with a Put Call Ratio of 0.72 and a maximum pain point of $69,000, with a nominal value of $3.7 billion; for ETH options, the expiring quantity reaches 295,000 contracts, with a Put Call Ratio of 0.65 and a maximum pain point of $2,500, with a nominal value of $860 million.Adam analyzes that with Trump's victory, Bitcoin surged significantly this week, breaking through $75,000 to reach a new all-time high, driving Ethereum to rebound to $2,900. Today's expiring options account for 15% of the total open interest, but the maximum pain point remains unaffected. Influenced by the election, the implied volatility (IV) of short-term options has dropped significantly, market sentiment is optimistic, and the trend in the fourth quarter may continue to be strong.

ChainCatcher news, according to The Block, Deribit CEO Luuk Strijers stated: "As the U.S. elections approach, we are observing heightened market expectations, with approximately $3 billion in options open interest set to expire on November 8, including Bitcoin call options with strike prices of $70,000, $75,000, and $80,000, indicating relatively strong bullish sentiment."

ChainCatcher news, Lin Chen, the Head of Asia Pacific Business at Deribit, posted on X that the largest BTC block options trade today was: a user purchased 50 BTC in total, consisting of a $65,000 put option and a $68,000 call option for November 15, paying a premium of $282,000.

ChainCatcher news, Greeks.live researcher Adam posted on social media that as the U.S. election approaches, various statistical channels show Trump leading in the competition, but there remains significant uncertainty surrounding the U.S. election.Datalab options data shows that the at-the-money implied volatility (IV) for BTC during election week is 57%, while the at-the-money IV for the week before the election is only 47%, indicating a 10% IV differential for the election.The current term structure also reflects an implied market view: the market does not expect significant volatility before the election concludes. Market trading volume supports this, as even with a good upward trend this week, large players are reluctant to bet on further increases.

ChainCatcher news, according to data from Greeks.live, 18,000 BTC options are expiring, with a Put Call Ratio of 0.91, and the maximum pain point at $62,000, with a notional value of $1.1 billion. 212,000 ETH options are expiring, with a Put Call Ratio of 0.4, and the maximum pain point at $2,450, with a notional value of $510 million.Cryptocurrency remains weak, with fierce competition around the key level of $60,000, and ETH is also near the long-term support line of $2,300. A market reversal could happen at any moment. The market performance in the first two weeks of this fourth quarter has been poor, and the options market is also relatively sluggish, with the current open interest in options having fallen to a new low since 2023.However, a sluggish market also breeds new trading opportunities. The at-the-money implied volatility (IV) for BTC on November 8 is only 50%, making it very suitable for building some medium to long-term bullish positions at low levels. This week, large bullish trades are gradually becoming active, and there is a high possibility of market movement around the U.S. elections.

ChainCatcher message, Coinglass data shows that the notional value of today's total BTC options open interest is $18.944 billion, and the notional value of ETH options open interest is $4.74 billion.

ChainCatcher news, Greeks.live researcher Adam posted on social media that 17,500 BTC options will expire today, with a Put Call Ratio of 0.75 and a maximum pain point of $63,000, representing a notional value of $1.07 billion.Additionally, 119,000 ETH options will expire today, with a Put Call Ratio of 0.68 and a maximum pain point of $2,500, representing a notional value of $280 million.Adam stated that this week, A-shares and Chinese concept stocks have attracted all market attention, while cryptocurrencies are relatively weak. Even in the overall rally of Hong Kong stocks, blockchain stocks are in a downward trend, reflecting the weakness of the cryptocurrency market. According to historical data, the fourth quarter generally has a good market performance, and the current sluggish market is a good time to build positions, with low levels suitable for establishing some medium to long-term bullish positions. Implied Volatility (IV) for all major maturities is at the average level of the past year, and before the U.S. elections conclude, IV still has support. The last two weeks will be a good opportunity to position for the fourth quarter.

ChainCatcher message, Deribit data shows that approximately $5.8 billion in BTC options and $1.896 billion in ETH options will expire on Friday (September 27); among them, the maximum pain price for BTC is $59,000, and the maximum pain price for ETH is $2,500.

ChainCatcher message, Deribit data shows that approximately $1.176 billion in BTC options and $260 million in ETH options will expire on Friday (September 20); among them, the maximum pain point price for BTC is $58,000, and for ETH, it is $2,350.

ChainCatcher news, according to Coinglass data, today the notional value of the total BTC options open interest is $20.295 billion, and the notional value of the ETH options open interest is $5.345 billion.

ChainCatcher news, Greeks.live researcher Adam posted today's options expiration data on social media. 14,000 BTC options are about to expire, with a Put Call Ratio of 0.81, and the maximum pain point at $59,000, with a nominal value of $760 million. 125,000 ETH options are about to expire, with a Put Call Ratio of 0.63, and the maximum pain point at $2,500, with a nominal value of $290 million.This week, cryptocurrencies have been on a downward trend. The options data clearly shows the overall market weakness, as the recent decline in the maximum pain point has not kept pace with the price drop. The implied volatility for major expirations has increased, and as the U.S. elections approach, the IV spike on October 8 is gradually being smoothed out. Last week, we mentioned that trading data from previous years shows that September is generally a bit dull, but the market seems overly pessimistic. We are more inclined to believe that there will be a bull market by the end of the year.

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.

ChainCatcher message, Deribit data shows that approximately $1.053 billion in BTC options and $322 million in ETH options will expire on Friday (August 23); among them, the maximum pain price for BTC is $59,500, and the maximum pain price for ETH is $2,650.

ChainCatcher news, Greeks.live researcher Adam posted on X that 24,000 BTC options are about to expire, with a Put Call Ratio of 0.83, and the maximum pain point at $59,500, with a notional value of $1.4 billion.184,000 ETH options are about to expire, with a Put Call Ratio of 0.80, and the maximum pain point at $2,650, with a notional value of $470 million.Options expiring this week account for about 10% of the total open interest, with the open interest for August, September, and December being relatively close, all exceeding 20%. From the options data, the expiration distribution of options is quite even, and the term structure is also relatively stable. Recently, the options market's expectations for future volatility have gradually decreased, and the market will gradually enter a stable period.

ChainCatcher news, according to options delivery data released by Adam@Greeks.live, 32,000 BTC options are about to expire, with a Put Call Ratio of 0.71, a maximum pain point of $60,000, and a nominal value of $1.9 billion. 206,000 ETH options are about to expire, with a Put Call Ratio of 0.96, a maximum pain point of $2,950, and a nominal value of $560 million.According to Adam's analysis, due to the impact of the yen interest rate hike on the crypto market, market sentiment has improved this week, with BTC and Sol leading the way, but ETH has performed weakly after the ETF listing. The main expiration IV has decreased, but it is still above the levels before the crash.