According to BlockBeats, Greeks.live macro researcher Adam noted that despite the upcoming Federal Reserve meeting, the implied volatility in the options market remains relatively stable, with a slight decrease. The market has priced in a 25 basis point rate cut, reflecting low expectations for future volatility.

Recent weeks have seen a significant increase in block trading volumes, accounting for more than half of daily transactions. Most trades are set to expire within the current month, with a nearly equal ratio of active buying and selling, indicating significant market disagreement over the latter half of the month, though overall volatility expectations remain moderate.

Overall, the market sentiment is more optimistic about the fourth quarter.