39,000 BTC and 280,000 ETH options are expiring, with a total notional value of nearly $6 billion
According to reports from Wu, 39,000 BTC options are expiring, with a Put Call Ratio of 0.95 and a maximum pain point of $118,000, with a notional value of $4.6 billion. 280,000 ETH options are expiring, with a Put Call Ratio of 1.04 and a maximum pain point of $4,000, with a notional value of $1.3 billion.
This week, nearly $6 billion in options will be settled, accounting for 9% of the current open interest. From the main options data, the implied volatility of BTC remains sluggish, with short to medium-term IV staying below 35%, while the main term IV for ETH reaches 70%, matching its expected volatility.