According to TechFlow, on November 22, Greeks.live posted on the X platform that 29,000 BTC options expired, the Put Call Ratio was 1.1, the maximum pain point was $86,000, and the notional value was $2.84 billion.
164,000 ETH options expired, with a Put Call Ratio of 0.65, a maximum pain point of $3,050, and a notional value of $550 million. Bitcoin approached $100,000, and ETH led altcoins to rebound.
ibit options started trading, US funds flowed into ETFs, and the spot bull market was driven by multiple positive factors. About 8% of positions will expire this week, ETH's surge led to an increase in the implied volatility of major maturity options, and BTC's at-the-money IV was stable. The market atmosphere is optimistic, and the risk of Bitcoin's callback is alleviated.
