61,000 BTC options and 490,000 ETH options will expire today, with a total notional value of $5.7 billion

Bitget App

Trade smarter

Cointime2024/07/26 08:25

By:Cointime

As of today, the expiration date for 61,000 BTC options has a Put Call Ratio of 0.62, with a maximum pain point of $63,500 and a nominal value of $4.1 billion. 490,000 ETH options are set to expire with a Put Call Ratio of 0.45, a maximum pain point of $3,350, and a nominal value of $1.6 billion.

According to their analysis, the crypto market has entered a correction period this week, with the listing of the ETH ETF causing a significant drop in ETH prices, and the ETH/BTC exchange rate falling to its lowest level in months. The implied volatility (IV) of major terms has rebounded significantly, especially with short-term IV rebounding by over 10%. As monthly settlements come to an end and news from the Bitcoin conference this weekend is digested, next week's implied volatility may face significant downward pressure.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

El Salvador is making significant advancements in artificial intelligence (AI) by launching its first national AI Lab in partnership with NVIDIA. Recently announced by the Bitcoin Office, this initiative aims to develop sovereign AI capabilities to enhance key sectors like healthcare, education, and the economy.

DeFi Planet•2025/04/23 05:55