Greeks.live: Today's Cryptocurrency Options Face Quarterly Expiry, $15.12 Billion in BTC and ETH Options Set to Expire
BlockBeats News, March 27, Greeks.live posted on social media, "March 27 Expiry Data: 68,000 BTC options expiring, Put Call Ratio at 0.56, max pain at $74,000, nominal value of $13 billion. 370,000 ETH options expiring, Put Call Ratio at 0.56, max pain at $2250, nominal value of $21.2 billion."
Today is quarterly expiry day, with around 36% of Bitcoin and Ethereum options expiring. There has been a significant amount of options rolling this week, peaking at over 40% of total options open interest. As it is a major expiry day, the call ratio is very high, with a PCR of only 0.56.
Despite market volatility, Bitcoin's trading activity remains low. Looking at key options data, Bitcoin's main term IV is at 51%, ETH's main term IV is at 70%. The RV continues to decline, leading to a continuous increase in VRP. In the first half of this week, the 15D VRP reached nearly 20%. Bitcoin has performed poorly in both price and activity in the first quarter of this year, with low market confidence, hoping for a turnaround in the second quarter."
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.
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