BlockBeats News, August 22, Greeks.Live analyst Adam released today's options expiry data:
34,000 BTC options expire, Put Call Ratio is 1.3, maximum pain point at $118,000, notional value of $3.82 billion.
220,000 ETH options expire, Put Call Ratio is 0.82, maximum pain point at $4,250, notional value of $950 million.
Analyst Adam stated that the theme of this week is price correction, but BTC and ETH remain near historical highs, and market sentiment is still relatively optimistic. Nearly $5 billion in options will expire this week, accounting for 8% of the current total open interest, which is a relatively low proportion compared to historical records, contrasting sharply with the nearly $5 billion in high daily trading currently. From the main options data, there is a significant rebound in implied volatility, with BTC's medium to short-term IV fully recovering to above 35%, and ETH's main term IV not holding at 70%, while short-term IV has broken 80%. The options market is showing obvious divergence, but overall, the forces predicting lower future volatility are somewhat stronger.
