BTC and ETH Options Expiry Points to a Steadier Market Ahead 👍🏻
Greeks.live researcher Adam recently tweeted that 24,000 BTC options are approaching #expiration , with a Put Call Ratio of 0.83. The maximum pain point for these options is $59,500, representing a nominal value of $1.4 billion.
In addition, 184,000 ETH options are also set to expire, with a Put Call Ratio of 0.80 and a maximum pain point of $2,650. These ETH options have a nominal value of $470 million.
The options expiring this week account for roughly 10% of the total open #interest . As it stands, the open interest for August, September, and December is quite similar, with each month holding around 20% or slightly more of the total.
According to the data, the distribution of options across various terms is relatively balanced, indicating a stable term structure. Recent trends suggest that the options market’s expectations for future #volatility are gradually diminishing, potentially leading to a more stable market period.
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