PANews reported on June 27 that according to data from Greeks.live analyst Adam, 139,000 BTC options expired on June 27, with a Put Call Ratio of 0.75, the maximum pain point at $102,000, and a nominal value of $15 billion. 939,000 ETH options expired, with a Put Call Ratio of 0.52, the maximum pain point at $2,200, and a nominal value of $2.29 billion.
The analyst said that today is the quarterly delivery at mid-year, with over $17 billion in options delivery, accounting for more than 30% of the current total open interest. Due to the large number of options expiring, there have been many bullish large-scale trades in the past two days, with $1.4 billion in bullish trades settled in the past 24 hours, almost all of which were rollovers. From the main options data, in terms of implied volatility, BTC's IV is still hovering at a low level, with medium and short-term IV comprehensively below 35%, while ETH's IV has slightly declined but remains as high as nearly 65%, with a 30% IV difference persisting for several days, providing significant space for cross-currency volatility strategy operations.
