Greeks.live Research Institute Adam: This week, the nominal value of BTC and ETH options expiring totals 2.95 billion USD

Adam from Greeks.live Research Institute posted on platform X that there are 30,500 BTC options expiring, with a Put Call Ratio of 1.07, a maximum pain point of $82,000, and a nominal value of $2.63 billion; 116,000 ETH options are expiring, with a Put Call Ratio of 1.17, a maximum pain point of $2,660, and a nominal value of $320 million.

On the first weekly settlement day after the quarterly delivery, the BTC price rebounded significantly on the settlement day, with active large transactions in call options, and BTC has been fluctuating around $85,000 for over a week. Adam noted that the implied volatility for major expirations this week has decreased compared to last week, rebounding from two weeks ago, and is currently at a low since this bull market began; the trend of monthly realized volatility is similar, with the volatility risk premium for major expirations decreasing. The Gex peak is at $90,000 and above, with Gex in the downward direction redistributing. After experiencing a 10-month bear market, this round has seen a small bull market for over a month, and is currently in a consolidation phase, with market sentiment improving.