$4.6 billion in BTC and $1.3 billion in ETH options expire today, with the maximum pain points at $118,000 and $4,000!
Nearly $6 billion in options will be settled this week, accounting for 9% of the current total open interest. From the main options data, BTC's implied volatility remains sluggish, with medium to short-term IV staying below 35%, while ETH's major term IV reaches 70%, matching its potential volatility expectations.