According to ChainCatcher, Greeks.live macro researcher Adam posted on social media that 62,000 BTC options are about to expire, with a Put Call Ratio of 0.59, a maximum pain point of $61,000, and a nominal value of $3.66 billion. 530,000 ETH options are about to expire, with a Put Call Ratio of 0.49, a maximum pain point of $2,800, and a nominal value of $1.34 billion.
Today is the monthly delivery. From the options data, it can be clearly seen that ETH is weak this month. The biggest pain point of the month is more than 10% different from the delivery price. This month, the medium- and long-term IV has increased, and the medium- and short-term IV has decreased. At present, there is not much room for the overall decline of IV. From the trading data of previous years, September is generally a slightly flat month, from weak to strong. The fourth quarter will be a relatively strong period for BTC. Recently, we have also seen many whales begin to lay out the October market. We hope that there will be a good market in the last four months of this year.
