ChainCatcher news, according to CoinDesk, Deribit data shows that approximately $5 billion in Bitcoin (BTC) options contracts will expire on Deribit at 4 PM Beijing time this Friday, with a maximum pain point of $98,000.According to Deribit data, of the upcoming $5 billion nominal value, $3.9 billion (78%) will expire out of the money (OTM), meaning these contracts will be worthless. Almost 100% of the call options are OTM, as bullish bets have suffered significant unrealized losses due to the sharp decline in Bitcoin prices over the past few days.

ChainCatcher news, according to CoinDesk, $7.8 billion worth of Bitcoin options will expire on January 31 at 08:00 UTC, with about 50% being put options. The current Bitcoin price is above the maximum pain point of $98,000, which may guide the market price to converge towards that point before expiration. Deribit data shows that the total nominal value of Bitcoin options open interest is approximately $28 billion, with this expiration accounting for about 22.6%.Deribit CEO Luuk Strijers stated that the SAB 121 policy adjustment allows banks to custody Bitcoin, which may release new institutional capital inflows. Additionally, market speculation regarding Bitcoin strategic reserves has also increased uncertainty. Currently, the Bitcoin volatility index (DVOL) is around 60, remaining stable compared to year-end levels, but market volatility is still high.

ChainCatcher news, Lin Chen, Head of Asia Pacific Business at Deribit, posted on X that the BTC November options expiration will take place this Friday (November 29) at 4 PM, with $9.163 billion in open interest expiring. The current put/call ratio is 0.81, with the maximum pain point at $77,000, meaning that an expiration price close to this level will maximize profits for sellers.

ChainCatcher message, Greeks.live researcher Adam posted on social media:11,000 options are expiring, Put Call Ratio is 0.78, maximum pain point is $64,000, notional value is $1.26 billion;138,000 Ethereum options are expiring, Put Call Ratio is 0.61, maximum pain point is $2,500, notional value is $360 million.Bitcoin has rebounded significantly this week, while Ethereum's rebound has been relatively weak. This week, the open interest for Ethereum options is less than 30% of Bitcoin's, and from the implied volatility perspective, the IV for ETH at-the-money options for about a month is only 4% higher than that of BTC, and it continues to decline.

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 news, according to Deribit data, this Friday (September 27) at 4 PM is the BTC September quarterly options expiration date, at which time a total of $5.726 billion in open interest will expire, with a put/call ratio of 0.62, and the maximum pain point is at $58,000.

ChainCatcher message, according to Deribit data, the nominal value of 1.22 billion USD BTC options will expire tomorrow, with a Put Call Ratio of 0.65 and a maximum pain point of 69,000 USD.The nominal value of 980 million USD ETH options will expire tomorrow, with a Put Call Ratio of 0.65 and a maximum pain point of 3,650 USD.

ChainCatcher news, Greeks.live researcher Adam posted on social media that the rhythm of the cryptocurrency market has changed this week. Last week, he mentioned that the weekend was the last rebound window, and if the Bitcoin price could not maintain $70,000, the bullish trend would be disrupted. This week, a deep correction indeed occurred. The demand for puts has surged, with major expiration implied volatility rebounding significantly, but the put open interest delivery volume has instead decreased, as a large number of puts were closed for profit this week.After a few weeks, the delivery price is once again close to the maximum pain point, and the market's FOMO sentiment has basically disappeared.