28,000 BTC options and 137,000 ETH options expire

2.8 million BTC options expire, the Put Call Ratio is 0.92, the maximum pain point is $69,000, and the notional value is $1.97 billion. 137,000 ETH options expire, the Put Call Ratio is 0.69, the maximum pain point is $2,550, and the notional value is $350 million. BTC briefly surged to $73,500 this week, just $100 away from the all-time high, but then entered high-level volatility and returned below $70,000, with the maximum pain point this week also reaching a new high for the year. Ethereum, on the other hand, has been struggling near its annual low, and the maximum pain point has also declined this week. The main theme of the market this week is the US election, and the BTC at-the-money IV on November 8 is already close to 70%, and BTC is also fluctuating near the new high.