BTC And ETH Options Set To Expire Amid Market Calm

According to Odaily, Greeks.live macro researcher Adam posted on the X platform that 18,000 BTC options are about to expire, with a Put Call Ratio of 0.83 and a maximum pain point of $60,000, amounting to a nominal value of $1.12 billion. Additionally, 140,000 ETH options are nearing expiration, with a Put Call Ratio of 0.93 and a maximum pain point of $2,625, totaling a nominal value of $370 million. The data indicates that the open interest in cycle options is continuously declining, with this week’s open interest accounting for less than 7% of the total open interest. The central bank’s annual meeting this week did not lead to a significant increase in implied volatility (IV), suggesting a relatively calm market where waiting seems to be the best strategy. Option data shows that the market is currently in a highly calm cycle, with a stable term structure and gradually decreasing expectations of future volatility in the options market.