PANews, August 27: According to analysis from Gate Research Institute, this Friday will see the monthly settlement of August options, with approximately $14.5 billion in contracts expiring, marking the largest scale since 2025. Among them:
BTC Options: Notional value of $11.4 billion, maximum pain point price of $116,000, put/call ratio of 1.6;
ETH Options: Notional value of $3.16 billion, maximum pain point price of $3,800, put/call ratio of 0.7.
In terms of implied volatility, the BTC volatility index (DVOL) has slightly rebounded to 38, with short-term 25 Delta skew trending downward, indicating that traders are hedging downside risks by buying medium- to short-term put options. The sentiment in the ETH market is relatively optimistic, as net inflows into U.S. spot ETFs reached $455 million yesterday, with ongoing spot buying supporting Ethereum's price rebound above $4,500.
Currently, Gate has launched USDT-settled options for mainstream assets such as BTC, ETH, SOL, XRP, DOGE, TON, ADA, and LTC, and supports cross-currency margin and portfolio margin mechanisms, continuously improving the options and derivatives trading system.
