Greeks.live researcher: On October 9, 22,000 BTC options and 123,000 ETH options were settled
Researcher Adam from Greeks.live posted on platform X, stating that on October 9, 22,000 BTC options will expire, with a put-call ratio of 1.12 and a maximum pain point of $84,000, representing a notional value of $1.84 billion; 123,000 ETH options will expire, with a put-call ratio of 0.71 and a maximum pain point of $2,650, representing a notional value of $320 million.
Tomorrow's delivery day will see 6% of Bitcoin options open interest and 9% of Ethereum options expiring. The market has been in a correction state for most of this week, waiting for BTC to choose a direction; from the main options data, the current implied volatility is at a low level, with the implied volatility of major term options continuing to decline, and market buyers are unwilling to bet on future trends at higher prices. GEX is concentrated around $90,000, $95,000, and $100,000, with little accumulation near the delivery prices of $80,000 and $85,000.