Data: 49,000 BTC options and 295,000 ETH options expire today, with a total notional value of $4.56 billion

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According to the message from ChainCatcher, the macroeconomic analyst Adam from Greeks.live posted on the X platform that the options market today is facing the concentrated settlement of BTC and ETH options. The data shows that 49,000 BTC options are expiring, with a Put Call Ratio of 0.72 and a maximum pain point of $69,000, with a notional value of $3.7 billion; for ETH options, the number of expirations reached 295,000, with a Put Call Ratio of 0.65 and a maximum pain point of $2,500, with a notional value of $860 million. Adam's analysis indicates that with Trump's victory, BTC has risen sharply this week, breaking through $75,000 to hit a new all-time high, driving ETH to rebound to $2,900. The options expiring today account for 15% of the total open interest, but the maximum pain point is unaffected. Affected by the election, the short-term options implied volatility (IV) has dropped significantly, and the market sentiment is optimistic, with the trend in Q4 likely to continue to be strong.

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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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