Greeks.live: $10.2 billion worth of Options about to expire

Odaily Planet Daily News According to Adam, a researcher at Greeks.live, 107,000 BTC options are due on the X platform, with a Put Call Ratio of 0.5, a maximum pain point of $57,000, and a nominal value of $6.6 billion. 104,000 ETH options expire, with a Put Call Ratio of 0.59, a maximum pain point of $3100, and a nominal value of $3.6 billion. Today is the quarterly delivery, with options delivery of nominal face value exceeding 10 billion US dollars. June was a difficult month for the cryptocurrency market, and the prices of BTC and ETH once approached the maximum pain point that investors believed to be impossible to reach, creating a pessimistic market atmosphere. Despite the significant market fluctuations, the mainstream token IV has not shown a clear rise, with the IV of major BTC contracts below 50% and the IV of major ETH contracts below 60%, all at relatively low levels. Next month, there will be more definite news about the ETH ETF. In the few days after today’s delivery, the IV will bear strong downward pressure. It will be a high-cost-effective choice to buy some call options while the IV is low.