$1.2 billion in notional value of BTC options and $800 million in ETH options are about to expire

Golden Finance reported that Greeks.live data showed that the May 10th option delivery data: 18,000 BTC options are about to expire, the Put Call Ratio is 0.64, the maximum pain point is $62,000, and the nominal value is $1.2 billion. 280,000 ETH options are about to expire, the Put Call Ratio is 0.74, the maximum pain point is $3,050, and the nominal value is $800 million. Greeks.live said that the crypto market was relatively weak this week, the trading volume continued to fall, and the weakness continued.

The outflow trend of US stock BTC ETF has eased, but from the perspective of block trading and market trading structure, the weakness of the currency price has led to a continuous weakening of market confidence, and the IV of each major term has continued to decline. The current IV level is slightly below the average water level, which has certain support, and there is not much room for further decline.