According to BlockBeats, on September 20, according to Greeks.live data, 20,200 BTC options will expire and be delivered today, with a Put Call Ratio of 0.86, a maximum pain point of US$59,000, and a nominal value of US$1.28 billion.
In addition, 125,000 ETH options will expire and be delivered today, with a Put Call Ratio of 0.67, a maximum pain point of $2,350, and a notional value of $320 million.
Adam, a researcher at Greeks.live, said that the cryptocurrency rebound continued this week. The Fed’s final rate cut of 50 basis points slightly exceeded market expectations, which greatly boosted market confidence. In addition, the third quarter is about to end, and investors are starting to plan for the fourth quarter. After the rate cut, the IV of all major maturities has declined. As the quarterly delivery approaches, IV is still under downward pressure. From September to now, BTC has performed well, while ETH is relatively weak. The exchange rate against BTC rebounded at the long-term support level of 0.04. The market in October is worth paying attention to.
