【June 27 Options Expiration Data】
139,000 BTC options expired, Put Call Ratio is 0.75, maximum pain point at $102,000, notional value of $15 billion.
939,000 ETH options expired, Put Call Ratio is 0.52, maximum pain point at $2,200, notional value of $2.29 billion.
Today marks the mid-year quarterly expiration, with over $17 billion in options expiring, accounting for more than 30% of the current total open interest. Due to a large number of options expiring, there have been significant bullish trades in the last couple of days, with $1.4 billion in retail bullish trades in the last 24 hours, almost all of which are rollovers.
From the main options data, in terms of implied volatility, BTC's IV remains low, with medium to short-term IV fully below 35%. ETH's IV has slightly retreated but is still close to 65%. Recently, 30% IV has persisted for several days, providing considerable scope for cross-asset volatility strategy operations.
