According to BlockBeats, on September 25, Greeks.live researcher Adam posted on social media that the quarterly delivery is coming this Friday, and the IV of each major term has shown a significant decline. The current BTC option holdings this quarter account for 33% of the total holdings, and ETH option holdings this quarter account for 38% of the total holdings, which is a relatively small quarterly delivery.

Recently, there have been a large number of large put option transactions, which are likely to be shifting positions. The next quarter covers the US election, and there is currently great uncertainty, but the overall implied volatility level is low, and in the past year, only less than 30% of the time is lower than the current level.

Whales are planning for the next quarter, and trading is particularly active around the election.

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