According to BlockBeats, on September 6, Greeks.live researcher Adam released today’s options delivery data on social media. 14,000 BTC options are about to expire, with a Put Call Ratio of 0.81, a maximum pain point of $59,000, and a nominal value of $760 million. 125,000 ETH options are about to expire, with a Put Call Ratio of 0.63, a maximum pain point of $2,500, and a nominal value of $290 million.
Cryptocurrencies have been falling this week. The weakness of the entire market can be clearly seen from the options data. The recent decline in the biggest pain point has not kept up with the speed of price decline. The IV of the main term has increased. As the US election approaches, the IV bump on October 8 is gradually being smoothed out. Last week, we mentioned the trading data of previous years. September is generally slightly flat, but the market seems to be a little overly pessimistic. We prefer to believe that there will be a bull market at the end of the year.
