Attention, attention, today is the options expiration date for the $BTC $ETH 期

There will be 28,000 BTC and 244,000 ETH options expiring, with notional values of 2.93 billion and 620 million USD, respectively. The maximum pain points are 106,000 USD and 2,650 USD.

Israel's airstrikes on Iran have triggered risk aversion, and the market is showing significant volatility ahead of expiration. BTC implied volatility remains low, while ETH has risen significantly, offering greater operational space for volatility strategies.

This week's volatility risk premium is at a high level, indicating extremely low market volatility, with major funds increasing their holdings of put options and entering a defensive phase.