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

PA一线
PA一线11/08/2024, 07:58 AM

PANews reported on November 8 that Greeks.live macro analyst Adam posted on the X platform: The options market ushered in the concentrated delivery of BTC and ETH options today. Data showed that 49,000 BTC options expired, the Put Call Ratio was 0.72, the maximum pain point was $69,000, and the nominal value reached $3.7 billion; for ETH options, the number of expiration reached 295,000, the Put Call Ratio was 0.65, the maximum pain point was $2,500, and the nominal value was $860 million.

Adam analyzed that with Trump's victory, Bitcoin rose sharply this week, breaking through $75,000 to a record high, driving Ethereum to rebound to $2,900. Options expiring today account for 15% of total positions, but the biggest pain point is not affected. Affected by the election, the implied volatility (IV) of short-term options has dropped significantly, market sentiment is optimistic, and the trend in the fourth quarter may continue to be strong.

Share to:

Author: PA一线

This content is provided for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, let's navigate bull and bear markets together