Greeks.live: This week, the volatility level in the cryptocurrency market has significantly increased, and the expectations for the halving seem to have been overextended
ChainCatcher news, Greeks.live researcher Adam posted on social media that the options expiration data for April 12 is as follows:21,000 BTC options expire, Put Call Ratio is 0.62, maximum pain point is $69,000, notional value is $1.5 billion.230,000 ETH options expire, Put Call Ratio is 0.49, maximum pain point is $3,425, notional value is $800 million.It is reported that the volatility level in the crypto market has significantly increased this week, with fierce competition around $70,000 and $3,500, but the implied volatility for major expirations has shown a noticeable decline. Selling calls has been the main transaction this month, and the halving expectations seem to have been overextended.In addition, recent ETF inflows have slowed, the market lacks new hotspots, and sentiment is relatively low. Selling mid-to-long-term options is indeed a better choice, while the short term, due to the halving, is also worth a buy.
