Greeks.live: 18,000 BTC options are about to expire, with the maximum pain point at $60,000 and a notional value of $1.12 billion.

According to Odaily Planet Daily, 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, a maximum pain point of $60,000, and a nominal value of $1.12 billion; 140,000 ETH options are about to expire, with a Put Call Ratio of 0.93, a maximum pain point of $2,625, and a nominal value of $370 million. Judging from the options data, the holdings of cyclical options are continuing to decline, and this week's holdings account for less than 7% of the total holdings. There was no obvious increase in IV at this week's central bank annual meeting, and the market was relatively flat. Waiting seems to be the best strategy. The options data show that the market is in a highly calm cycle, the term structure is stable, and the options market's expectations for future volatility are gradually decreasing.