Greeks.live data shows that on May 24, the option delivery data: 21,000 BTC options are about to expire, the Put Call Ratio is 0.88, the maximum pain point is $67,000, and the nominal value is 1.40 billion dollars.
350,000 ETH options are about to expire, with a Put Call Ratio of 0.58, a maximum pain point of $3,200, and a nominal value of $1.30 billion.
Greeks.live said that ETH took over the rise of BTC, stimulated by the progress of ETF, there was a single day of 20%, short-term option IV once reached 150%, much higher than the current BTC of the same period IV. Now the differentiation between BTC and ETH is obvious, from the block trade and market trading structure, ETH's bullish sentiment is still strong, but the main term IV is more difficult to maintain a high level, the calendar spread will be a better choice, on the other hand, BTC long and short are more balanced, and the power to sell bullish is stronger.
BTC options worth $1.40 billion and ETH options worth $1.30 billion are about to expire
2024-05-24 06:58:09
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