20,200 BTC options and 125,000 ETH options are about to expire, with a total notional value of $1.6 billion

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PANews
09-20
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PANews reported on September 20 that Greeks.live macro researcher Adam posted on the X platform that 20,200 BTC options are about to expire, with a Put Call Ratio of 0.86, a maximum pain point of $59,000, and a nominal value of $1.28 billion. 125,000 ETH options are about to expire, with a Put Call Ratio of 0.67, a maximum pain point of $2,350, and a nominal value of $320 million.

This week, the cryptocurrency rebound continued. The Fed's final rate cut of 50 basis points slightly exceeded market expectations, which greatly boosted market confidence. In addition, the third quarter is coming to an end, and investors are starting to plan for the fourth quarter. After the rate cut, the IV of all major maturities has declined. As the quarterly delivery approaches, IV is still under downward pressure. From September to now, BTC has performed well, while ETH is relatively weak. The exchange rate against BTC rebounded at the long-term support level of 0.04. The market in October is worth paying attention to.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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