According to Deep Tide TechFlow news, on November 8, Greeks.live macro analyst Adam posted on platform X that the options market today welcomed 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, and the maximum pain point at $69,000, with a nominal value of $3.7 billion; the number of ETH options expiring is 295,000, with a Put Call Ratio of 0.65, the maximum pain point at $2,500, with a nominal value of $860 million.
Adam analysis states 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 total open interest, but the maximum pain point remains unaffected. Due to the election impact, the implied volatility (IV) of short-term options has significantly decreased, with market sentiment optimistic, and the fourth quarter trend may continue to be strong.
