Greeks.live: BTC and ETH options contracts with a nominal value of $1.6 billion will expire today
ChainCatcher news, Greeks.live researcher Adam tweeted that 20,200 Bitcoin options are about to expire, with a put-call ratio of 0.86, a maximum pain point of $59,000, and a nominal value of $1.28 billion. At the same time, 125,000 Ethereum options will also expire, with a put-call ratio of 0.67, a maximum pain point of $2,350, and a nominal value of $320 million.The Federal Reserve unexpectedly cut interest rates by 50 basis points, greatly boosting market confidence. As the third quarter comes to an end, investors are starting to position themselves for the fourth quarter. After the rate cut, implied volatility across major maturities has decreased, and the approaching quarterly settlement may exacerbate this trend. Notably, since September, Bitcoin has performed relatively well, while Ethereum has been weaker, with its exchange rate against Bitcoin rebounding at the long-term support level of 0.04. The October market is worth watching.