PANews November 8 news, Greeks.live macro analyst Adam posted on the X platform stating: The options market today welcomes the concentrated expiration of BTC and ETH options. Data shows that 49,000 BTC options are expiring, with a Put Call Ratio of 0.72, a maximum pain point of $69,000, and a nominal value of $3.7 billion; for ETH options, the number expiring reaches 295,000, with a Put Call Ratio of 0.65, a maximum pain point of $2,500, and a nominal value of $860 million.
Adam analyzed that with Trump's victory, Bitcoin surged significantly this week, breaking through $75,000 to reach a historic high, driving Ethereum to rebound to $2,900. Today's expiring options account for 15% of the total open interest, but the maximum pain point remains unaffected. Influenced by the election, the implied volatility (IV) of short-term options has decreased significantly, market sentiment is optimistic, and the trend in the fourth quarter may continue to be strong.
